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      Question

      Which of the following is not allowed in small

      accounts?
      A Monthly deposits exceeding β‚Ή50,000. Correct Answer Incorrect Answer
      B Transactions exceeding β‚Ή10,000 in a month. Correct Answer Incorrect Answer
      C Foreign remittance credits. Correct Answer Incorrect Answer
      D Annual credits exceeding β‚Ή1,00,000. Correct Answer Incorrect Answer
      E Withdrawal of government subsidies. Correct Answer Incorrect Answer

      Solution

      Small accounts are not permitted to accept foreign remittances until full customer identification procedures are conducted as per KYC norms.

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