Question
Which of the following statement is incorrect about
India Post Payment Bank? i. It's slogan is “Apka Bank Apke Dwaar”    ii. It is a payment bank therefore it will not provide any loans including credit cards iii. It is a joint venture between India Post and SBI, each holding 50% of the equity.Solution
The India Post Payments Bank (IPPB) has been recently incorporated as a Public Limited Company under the Department of Posts with 100% GOI equity. IPPB will offer demand deposits such as savings and current accounts upto a balance of Rs 1 Lac, digitally enabled payments and remittance services of all kinds between entities and individuals and also provide access to third party financial services such as insurance, mutual funds, pension, credit products, forex, and more, in partnership with insurance companies, mutual fund houses, pension providers, banks, international money transfer organisations, etc.Â
India's per capita net national income (at current prices) for 2022-23 stands at_________ , according to estimates from the National Statistical Office...
Which organisation collects samples to determine the Poverty Line in India?
The total cost of the eight high-speed road corridor projects approved by the Union Cabinet is:
India Industrial Land Bank (IILB) is ______________.
Which of the following are the entitlements provided under the National Food Security Act?
(I)- The food grains would be provided at highly subsi...
As per the Union Budget 2024 (Interim) Statement, the Capex (Capital Expenditure) outlay for the next year (FY25) has been increased to _____________.
Which organization is responsible for managing the e-NAM platform?
Which of the following sector is related to the Service sector?
Statement 1: PM-SYM scheme is intended for unorganized sector workers with monthly incomes up to â‚ą15,000.
Statement 2: The pension amount un...
What is the primary objective of the Nasha Mukt Bharat Abhiyaan (NMBA)?
Relevant for Exams:
