Question

    What is the time duration after which a savings or

    current account is treated as inoperative if there are no customer-induced transactions?  
    A 6 months Correct Answer Incorrect Answer
    B 12 months Correct Answer Incorrect Answer
    C 18 months Correct Answer Incorrect Answer
    D 24 months Correct Answer Incorrect Answer
    E 36 months Correct Answer Incorrect Answer

    Solution

    According to RBI guidelines, accounts are deemed inoperative after 24 months without customer-induced transactions, ensuring inactive funds are properly monitored.

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