Question
As per the RBI guidelines, Payments Banks are allowed to
- i. Acc ept deposit uptoRs. 10 lakh per customer ii. Provide small value loans upto Rs.1 lakh to individuals iii.Can issue credit cards upto Rs.5 lakh credit limit iv.Offer services like ATM cards, debit cards, net-banking and mobile-bankingSolution
Payments Banks are conceptualised by the Reserve Bank of India (RBI). These banks can accept deposit upto ₹1 lakh per customer. These banks cannot issue loans and credit cards but can offer current account and savings accounts and can issue services like ATM cards, debit cards, net-banking and mobile-banking. Airtel has launched India's first payments bank. Paytm is the second such service to be launched. India Post Payments Bank is the third entity to receive payments bank licence from RBI.
Shimla conference held during the period of which Viceroy of India?
Match the following.
Consider the following statements:
1. The 1st Constitutional Amendment Act, 1951 added the Ninth Schedule
2. 1st constitutional amendme...
40% of the students in a class are from India and 50% are girls. If 25% of the Indian students are girls, what percentage of non-Indian students are boys?
The famous Haji Ali Dargah is located in which of the following cities?
Which of the following features says that people of India have a direct role in electing their representatives?
Match the following lakes with their respective continents:
Consider the following statements:
1. The Constitution empowers only the Centre to make any discretionary grants for any public purpose, even i...
The preamble of the Constitution of India guarantees justice. It means India allows its people Â
What is card tokenization?
