Question
What is the maximum aggregate balance allowed in
accounts opened using Aadhaar OTP-based e-KYC in non-face-to-face mode?Solution
The regulations specify that accounts opened using Aadhaar OTP-based e-KYC cannot exceed an aggregate balance of ₹1,00,000. This limit acts as a risk mitigation measure to ensure proper verification and reduce the potential misuse of such accounts.
The total liability of the monetary authority of India i.e. RBI, is included in which of the following?
The current expected risk-free rate is 4%, the equity premium is 3.9% and the beta is 0.8. calculate the return on equity.
……………………………………………. allows the RBI to absorb liquidity (deposit) from commercial banks without giving government secur...
In the RBI’s monetary aggregate framework, M1 is known as Narrow Money due to its high liquidity. Which of the following combinations correctly identi...
What role does NABARD play in promoting financial inclusion?
The place where banks’ mutual claims are settled, is called?
 Who has been recently appointed as an Executive Director by RBI to look after the Monetary Policy Department
The Reserve Bank has released a booklet that aims to enhance public awareness about various types of financial frauds perpetrated on gullible customers...
 RBI has decided to increase the threshold limit for deposits and other extensions of funds made by non-financial Small Business Customers from ₹ 5...
Reserve Money (M0), also known as High-Powered Money or the Monetary Base, is the most fundamental aggregate. According to RBI reporting in 2026, which ...
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