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    Question

    What is the focus of the "Har Ghar Lakhpati" scheme

    launched by SBI?
    A Encouraging Fixed Deposits among the elderly Correct Answer Incorrect Answer
    B Promoting systematic savings through Recurring Deposits Correct Answer Incorrect Answer
    C Integrating Fixed Deposits with equity markets Correct Answer Incorrect Answer
    D Boosting mutual fund investments Correct Answer Incorrect Answer
    E Supporting pensioners through long-term savings Correct Answer Incorrect Answer

    Solution

    The "Har Ghar Lakhpati" scheme aims to help depositors grow their savings to ₹1 lakh using Recurring Deposits (RDs).

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