Question

    By what percentage did unclaimed deposits in Indian

    banks rise from the previous year to March 2023?
    A 5% Correct Answer Incorrect Answer
    B 18% Correct Answer Incorrect Answer
    C 28% Correct Answer Incorrect Answer
    D 33% Correct Answer Incorrect Answer
    E 35% Correct Answer Incorrect Answer

    Solution

    The rate of unclaimed deposits in Indian banks has risen by 28% annual increase in unclaimed deposits with the banks to Rs 42,272 crore as on March 2023. At the end of March 2023, the amount of unclaimed deposits in Indian banks was recorded at Rs 42,272 crore, while the previous year, there was Rs 32,934 crore.

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