New Enroll for RBI, PFRDA & NABARD Intro Class! April 18 at 9:15 PM

    Question

    In which Bank/Banks one can deposit money in Pradhan

    Mantri Garib Kalyan Deposit Scheme (PMGKDS) -
    A Only in SBI Correct Answer Incorrect Answer
    B In all Public Sector Banks Correct Answer Incorrect Answer
    C In all banks except RRBs Correct Answer Incorrect Answer
    D In all banks except co-operative banks Correct Answer Incorrect Answer
    E In all scheduled commercial banks Correct Answer Incorrect Answer

    Solution

    UnderPMGKDS application and amount for the deposit (in the form of Bond Ledger Account) shall be received by any banking company, other than Co-operative Banks, to which the Banking Regulation Act, 1949 (10 of 1949) applies (Authorised Banks).

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