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The scheme was launched based upon the following 6 pillars: Universal access to banking services – Branch and Banking Correspondents Basic savings bank accounts with overdraft facility of Rs. 10,000/- to every household. Financial Literacy Program– Promoting savings, use of ATMs, getting ready for credit, availing insurance and pensions, using basic mobile phones for banking. Creation of Credit Guarantee Fund – To provide banks some guarantee against defaults. 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. Pension Scheme for Unorganized sector.
What is the aim of the MoU signed between Namami Gange and 49 universities?
Which country recently joined the International Solar Alliance as its 95th member?
Jeevan Dhara, a special savings bank account for pensioners, and prospective pensioners has been launched by which bank in which the Interest rate on sa...
Which of the following firm has files preliminary papers with Sebi to raise funds via IPO?
In operating systems, what does the "Working Set Model" primarily deal with?
Who was appointed as the new CEO of Nasscom Foundation?
Who became the new President of Brazil?
Premium Payroll Package for the Salary account holders with competitive features has been introduced to meet all Banking requirements of Salaried Cust...
What recent acquisition has been approved by the Competition Commission of India (CCI)?
The first textile parcel train has been flagged off from Surat to______?