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    Question

    What is the primary aim of the RBI's centralised web portal, UDGAM (Unclaimed Deposits – Gateway to Access Information)?

    A To facilitate online banking services in rural areas Correct Answer Incorrect Answer
    B To provide investment advice to the street vendors Correct Answer Incorrect Answer
    C Help people search their unclaimed deposits across multiple banks Correct Answer Incorrect Answer
    D To promote digital payments in Rural areas. Correct Answer Incorrect Answer
    E To provide investment to the street vendors Correct Answer Incorrect Answer

    Solution

    The Reserve Bank of India (RBI) has launched a centralised web portal called UDGAM (Unclaimed Deposits – Gateway to Access Information) which allows people to search for their unclaimed deposits across multiple banks.

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