Which of the following statement is not correct about Payments Bank?
Payments bank is a new model of banks conceptualized by the Reserve Bank of India (RBI). These banks can accept a restricted deposit, which is currently limited to ₹2 lakh per customer. These banks may not issue loans or credit cards, but may offer both current and savings accounts. Payments banks may issue ATM and debit cards, and offer net-banking and mobile-banking. The draft guidelines for licensing of payments banks in the private sector were formulated and released for public comments on 17 July 2014. The banks will be licensed as payments banks under Section 22 of the Banking Regulation Act, 1949, and will be registered as public limited company under the Companies Act, 2013.
The perimeter of a rectangle is 150% more than perimeter of a square of side 10 cm. If the length of rectangle is 250% more than side of square then fin...
The sum of all even numbers between 31 and 61 is
Which of the following accounts will be credited on giving cash donation?
Consider the following statements about vacancy in office of President:
1. The Vice President becomes President for the remainder term when th...
With reference to Poverty Gap Ratio, consider the following statements;
1. The poverty gap ratio is the mean shortfall of the total population ...
Who became the 36th president of BCCI?
Which creates an opportunity for the producers to reach beyond the domestic markets?
East Timor, the latest independent nation in the world was ruled by
Which one of the following basic operations for converting raw input data into useful information is not performed by all computers?
Which of the following option is incorrect about “Rajiv Gandhi Shramik Kalyan Yojana”?