Question

    Which scheme is designed for non-resident Indians (NRIs)

    to simplify their account opening process with the State Bank of India (SBI)?
    A NRI Onboarding Scheme Correct Answer Incorrect Answer
    B SBI NRI Online Account Correct Answer Incorrect Answer
    C TAB-based Digital Onboarding Correct Answer Incorrect Answer
    D Digital NRE Account Scheme Correct Answer Incorrect Answer
    E NRI Account Facilitation Scheme Correct Answer Incorrect Answer

    Solution

    SBI has introduced a TAB-based digital onboarding process for NRIs to simplify the opening of NRE (Non-Resident External) and NRO (Non-Resident Ordinary) accounts, making it more convenient and efficient.

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