Question
Which of the following is true about Neo banking in
India? Â Statement 1: Neo banks are digital-only banks that operate exclusively through mobile apps or websites. Statement 2: Neo banks in India are regulated by the Reserve Bank of India (RBI). Statement 3: Neo banks provide services similar to traditional banks such as deposits, loans, and credit cards.Solution
Statement 1 is correct. Neo banks are digital-only banks that operate exclusively through mobile apps or websites. They do not have physical branches. Statement 2 is also correct. Neo banks in India are regulated by the Reserve Bank of India (RBI) and must comply with the same rules and regulations as traditional banks. Statement 3 is also correct. Neo banks provide services similar to traditional banks such as deposits, loans, and credit cards. However, they often offer these services with greater flexibility, lower fees, and more personalized customer experiences.
The Bordeaux mixture was first used for the control of _____
Which crop is sensitive both to drought and excessive moisture condition?
Biofertilizer _____________ contains a nitrogen-fixing bacterium that forms a symbiotic relationship with rice plants. This bacterium fixes atmospheric ...
…………………………………is used for sugarcane first time in Hawai. It is a record of composition of crop with respect to N.P.K., moisture...
The fertilizer that is mostly used in India contains 46 % N which is granular or in pellet form . Name the fertilizer.
The medicinal plant known as “second shilajeet” is:
Which element is required for the biosynthesis of auxin?
Inflorescence of soyabean is
Model plants concept given by Donald is known as
The ultimate source of production of organic compound:
