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Start learning 50% faster. Sign in nowThe payments banks in India were established in order to achieve financial inclusion and these banks can only accept deposits. They cannot undertake lending activities. The RBI has given the approval to open such banks as per Section 22(1) of the Banking Regulation Act 1949. Payment banks have been set up as per the recommendations of the Nachiket Mor committee and they can only accept deposits upto Rs 1 lakh per individual. These banks have to invest at least 75% of its funds in the government securities.
In which of the following states is Pichola Lake Located?
Every year National Coal Miners day is observed on?
From Feb India became the second country to move to the T+1 stock settlement mechanism in a phased manner. Which is the 1st country?
The main (chief) social unit of the Aryans was ______.
The recently launched "Bima Bharosa" grievance redressal system in the insurance sector incorporates which of the following features?
Which company offers the Super 400 and Super 400 Pro variants of solar PV modules in the Indian market?
Which of the following uses parasitic nutritive strategy?
Which party formed the government in Britain in the year 1945?
In which type of chemical reaction do crystals of ferrous sulphate lose water on heating and the colour of the crystals changes from light green to white?
Which of the following is not an aim of the Mera Yuva Bharat program?