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.
Recently Dmitry Muratov recently won the nobel prize under which category?
Which bank has been directed to stop on-boarding of new customers into its mobile banking facility and can be started after rectifying the existing defi...
India’s second highest civilian award The Padma Vibhushan has been conferred to whom for the public affairs category?
What key aspects are included in the expansion of the Digital India initiative as approved by the Union Cabinet?
HDFC Securities has launched ____________ a Robo-advisory investment platform for Mutal Funds scheme without a need of demat account?
Who was appointed as Meta India’s new Managing Director effective July 1, 2025?Â
Rajiv Gauba is heading the central government committee on LGBTQ + community welfare, which was established following a directive from the Supreme Court...
Who became the first person from Goa to receive citizenship under the Citizenship (Amendment) Act (CAA), 2019?
Who has been appointed as the new Chairman of the Fertiliser Association of India (FAI)?
The Telangana government and UNESCO have entered into a collaboration to implement which recommendation focused on the ethics of Artificial Intelligence...
