Question
What amount in term deposits at an IBU is considered as
Bulk Deposit?Solution
In the context of IFSC Banking Units (IBUs), a term deposit of ₹5,00,000/- is treated as a Bulk Deposit. This classification allows for the management of larger deposits distinctly from smaller retail deposits.
What is the name of the semiconductor fabrication plant recently established through the India-US partnership?
A man deposited 25% of his salary to a bank which offers compound interest at the rate of 10% p.a. If the interest earned by him from the bank after 2 y...
The major and top source of oxygen in the atmosphere is
Particles of matter are continuously moving due to their:
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The lifespan of Red Blood Cells (RBCs) is:
Which of the following is a contra account?
Match the following labour concept with their explanation:
The average Hindi marks of two sections A and B of class VIII in the annual examination is 75. The average marks of Section A is 78.5 and that of sectio...
‘A’ is 6 years younger than ‘B’ and 7 years elder than ‘C’. If the present age of ‘B’ and ‘D’ is 25 years and 10 years, respectively...
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