Question
The payments banks in India are required to invest
____________ of funds in the government securities.Solution
The 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.
Best nitrogenous fertilizer for rice crop is:
In the G1 phase of cell cycle, each chromosome has chromatid(s).
Which one is most effective to/motivate for adoption of an innovation?
Largest producer of pearl millet is
Indian Institute of Sugarcane Research (IISR) is situated in
NABARD, which stands for National Bank for Agriculture and Rural Development, is an apex development bank in India. NABARD celebrated its foundation day on
What is the main cause of the physiological disorder known as "Tirak" or "bad boll opening" in cotton?
Government has increased the MSP of Rabi Crops for Marketing Season 2023-24, to ensure remunerative prices to the growers for their produce. The absolut...
Which was the very initial act in India that provides the protection from adulteration/contamination of food that may lead to the health risk of consume...
Phytosiderophores have high affinity to
