Question
According to the RBI’s January 2024 circular, banks must implement a specific reporting framework for unclaimed deposits. Which of the following best describes the obligation of banks in handling unclaimed deposits that are over 10 years old but for which the account holder or their nominee contacts the bank after the funds have been transferred to the DEA Fund?
More Financial Management Questions
- As of March 2025, the money multiplier in India was approximately:
- The risk that arises from adverse movements in exchange rates is termed as:
- Which of the following products of a bank can have credit risk? A. fund based loans B. non fund based loans C. treasury products
- The National Statistics Office (NSO) updated the base year for Gross State Value Added (GSVA) compilation to which year?
- PO Ltd made total sales of ₹1,00,00,000 for which the Cost of Goods Sold was ₹ 70,00,000 . If the Inventory at end of previous year was ₹15,00,000...
- Which of the following is NOT a Core Industry of India?
- Which of the following is the external sound present in the channels of communication?
- How capital adequacy ratio is calculated:
- What are the Over the counter (OTC) derivatives considered risky?
- Which of the following would lead to increase in private disposable income, provided other things remain constant?
Hey! Ask a query
Please enter email id
The email must be a valid email address.
Please enter Mobile Number
Please enter valid Mobile Number
Please enter your Doubt
