Question

    What is the name of the centralized web portal launched by the Reserve Bank of India for individuals to search unclaimed deposits across multiple banks?

    A Find-UNCLAIM Correct Answer Incorrect Answer
    B UDGAM Correct Answer Incorrect Answer
    C CLAIM-UFunds Correct Answer Incorrect Answer
    D UDGM Correct Answer Incorrect Answer
    E Find-PORTAL Correct Answer Incorrect Answer

    Solution

    The Reserve Bank of India recently launched a centralised web portal called UDGAM (Unclaimed Deposits - Gateway to Access inforMation) for individuals to search such deposits across multiple banks in one place.The platform will aid users to identify their unclaimed deposit accounts and enable them to either claim the same or make them operational at their respective banks.

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