Question
The Banking which offers all types of financial products
like banking, insurance, mutual funds, capital market related products, investment products, and merchant banking among others is known as:Solution
Universal banking means all types of products to its customers. It is beneficial to both the customer and the bank in saving a lot of time and also helps a bank to realize both, the fund and the non-fund based income.
The Mudra Loans are collateral free but backed by government guarantee . Which of the following give the guarantee for Mudra loans ?
Consider the following regarding the DICGC:
1. It is a fully owned subsidiary of the RBI.
2. It insures both principal and interest up to ...
'Account Aggregator' (AA) framework in India is regulated by:Â
The Pradhan Mantri Mudra Yojana completed 10 years of its launch. The government introduced a new category under this scheme to cover loans between ₹1...
Which of the following criteria disqualifies a person from the Pradhan Mantri Kisan Maandhan Yojana? Â
What is a 'Nostro' account?Â
What is the primary purpose of the FATCA (Foreign Account Tax Compliance Act) agreement?Â
In the context of Bonds, what is 'Yield to Maturity' (YTM)?Â
Which of the following documents will be considered as the primary KYC for the Atal Pension Yojana?
Regarding the External Benchmark Lending Rate (EBLR) framework, consider the following statements:
1. Banks are free to choose any external bench...
Relevant for Exams:
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