Question

    How much has SBI allocated to its 'Har Ghar Lakhpati'

    Recurring Deposit scheme to promote savings habits?
    A ₹1,00,000 Correct Answer Incorrect Answer
    B ₹5,00,000 Correct Answer Incorrect Answer
    C ₹2,00,000 Correct Answer Incorrect Answer
    D ₹50,000 Correct Answer Incorrect Answer
    E ₹1,50,000 Correct Answer Incorrect Answer

    Solution

    The State Bank of India's 'Har Ghar Lakhpati' Recurring Deposit (RD) scheme is designed to help customers accumulate ₹1,00,000 or its multiples, promoting savings habits. This scheme also targets minors, making it an inclusive initiative for financial planning across demographics.

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