Question
According to the RBI's revised instructions on Unclaimed
Deposits, what is the time limit after which the amount must be transferred to the Depositor Education and Awareness (DEA) Fund if the account remains inactive?Solution
The circular on "Inoperative Accounts/Unclaimed Deposits in Banks" states that amounts lying inactive in accounts for 10 years or more must be transferred to the DEA Fund.
Which port in India is set to boost export-import trade through West Asia and Europe, as mentioned in the document?
Who has won the Singapore literature award for the English Fiction?
Which medicinal plant in Uttarakhand is a source of the chemical "Taxol," used in cancer treatment?
Who won the Best FIFA Men's player award for the year 2022 ?
Which Indian state's police force became the first to utilize drones for deploying tear gas shells?
On which date was the National Human Rights Commission of India constituted under the Protection of Human Rights Ordinance?
Which player made the new record of scoring the fastest 1,000 runs in the ODI World Cup?
Consider the following statements regarding ‘Mosaic Viruses:Â
Statement-I:Â Tomato mosaic virus (ToMV) belongs to the Virgaviridae family and...
Where is the World Bank headquarters located?
Who retained the title of Asia’s richest person according to the Hurun Global Rich List 2024?
