Question

    UDGAM, an online portal developed by the RBI, serves what purpose? 

    A Monitoring inflation trends Correct Answer Incorrect Answer
    B Finding unclaimed deposits/accounts Correct Answer Incorrect Answer
    C Financial literacy resources Correct Answer Incorrect Answer
    D RBI international communications Correct Answer Incorrect Answer

    Solution

    The RBI's UDGAM portal, which stands for Unclaimed Deposits-Gateway to Access inforMation, helps users search for unclaimed deposits and accounts across various banks in a centralized manner.

    Practice Next

    Relevant for Exams: