Start learning 50% faster. Sign in now
Get Started with ixamBee
Start learning 50% faster. Sign in nowWith a view to increasing banking penetration and promoting financial inclusion and with the main objective of covering all households with at least one bank account per household across the country, a National Mission on financial inclusion named as (PMJDY) was announced in 2014. Objectives of PMJDY include: (i) universal access to banking facilities for all households across the country through a bank branch or a fixed point business correspondent (BC) within a reasonable distance; and (ii) to cover all households with at least one basic bank account with RuPay Debit card having in-built accident insurance cover of ₹ 1 lakh.
Which of the following Statements about Multiplier Effect is/are True?
I- When the government spends a rupee, overall income rises by a multiple ...
Which of the following Statements about IREDA is/are True?
I- It is registered as Non-Banking Financial Company (NFBC) with Reserve Bank of India...
Consider the following statements regarding Phase II of the Swachh Bharat Mission (Grameen) [SBM (G)]
1) The program will be implemented ...
Who among the following is not one of the eligible beneficiaries of PMUY?
Which of the following statements about Prompt Corrective Action is/are True?
I- Prompt Corrective Action F...
What is the basic difference between Gross NPA and Net NPA?
I- Gross NPA is the total of Bank loans and Net NPA is the total of all kinds of loan...
When Government expenditure is more than income, through which of the following ways, it does the deficit financing?
(1) From Banks
(2) Fr...