PMJDY is National Mission for Financial Inclusion to ensure access to financial services, namely, Banking/ Savings & Deposit Accounts, Remittance, Credit, Insurance, Pension in an affordable manner. The scheme was launched based upon the following 6 pillars: Universal access to banking services – Branch and BC Statement I is not correct - Basic savings bank accounts with overdraft facility of Rs. 10,000/- to every eligible adult. Financial Literacy Programme– Promoting savings, use of ATMs, getting ready for credit, availing insurance and pensions, using basic mobile phones for banking Statement II is correct - Creation of Credit Guarantee Fund – To provide banks some guarantee against defaults. Statement III is correct - Insurance – Accident cover up to Rs. 1,00,000 and life cover of Rs. 30,000 on account opened between 15 Aug 2014 to 31 January 2015. Statement IV is correct - Pension scheme for Unorganized sector.
This process starts with which of the following?
For up to how many years can the excess CSR spending be set off against the CSR expenditure of the succeeding financial years?
Which of the following is true regarding Micro, Small and Medium Enterprises?
1. a micro enterprise, where the investment in plant and machinery...
As per the provisions for CSR given under Companies Act 2013, how much has to be spent on CSR by eligible entities?
In the above product mix, how many t-shirts should be sold by Deepak Ltd to break even?
In a securitization, the issuer of asset-backed securities is best describes as the:
Which of the following is considered as a Non-Banking Financial Company (NBFC)?
Who has been permitted to remit advance payment on behalf of Qualified Jewellers for import of gold through India International Bullion Exchange IFSC Lt...
Which section of the BRSR reporting framework focuses on information about the listed entity, including subsidiary companies?
Which one is the name given to the foreign currency account maintained by a bank abroad