Question

What is the purpose of the Reserve Bank of India's (RBI)

Q: Answer-What is the purpose of the Reserve Bank of India's (RBI) centralized web portal 'UDGAM'?

The RBIs centralized web portal UDGAM aims to make it easier for the public to search for their unclaimed deposits across multiple banks in one place. It helps individuals track and claim their unclaimed deposits that might be held with various banks.

centralized web portal "UDGAM"?

A To provide information about current interest rates

B To facilitate online banking transactions

C To manage government securities

D Track unclaimed deposits across multiple banks

E To offer financial literacy programs

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What is the purpose of the Reserve Bank of India's (RBI)

Solution