Question

    What is the run-off factor that RBI plans to enforce on digitally accessible retail deposits?

    A 2% Correct Answer Incorrect Answer
    B 3% Correct Answer Incorrect Answer
    C 5% Correct Answer Incorrect Answer
    D 6% Correct Answer Incorrect Answer
    E 8% Correct Answer Incorrect Answer

    Solution

    RBI plans to implement a 5% run-off factor on digitally accessible retail deposits to manage the risks associated with quick withdrawals through internet or mobile banking, ensuring banking stability.

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