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      Question

      What amount in term deposits at an IBU is considered as

      Bulk Deposit?
      A โ‚น1,00,000/- Correct Answer Incorrect Answer
      B โ‚น2,00,000/- Correct Answer Incorrect Answer
      C โ‚น3,00,000/- Correct Answer Incorrect Answer
      D โ‚น4,00,000/- Correct Answer Incorrect Answer
      E โ‚น5,00,000/- Correct Answer Incorrect Answer

      Solution

      In the context of IFSC Banking Units (IBUs), a term deposit of โ‚น5,00,000/- is treated as a Bulk Deposit. This classification allows for the management of larger deposits distinctly from smaller retail deposits.

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