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.
Which statement(s) is/are correct regarding Dalton’s Atomic theory?
1. All matters are made of very tiny particles.
2. Atoms of differ...
Consider the following statements:
1. Biofilms can form on medical implants within human tissues.
2. Biofilms can form on food and food pr...
Find the median of 2, 5, 6, 8, 7, 9, 14, 7 and 14.
The names of 16 students from section A, 18 students from section B and 20 students from section C were selected. The age of all the 54 students was dif...
Trade Union Act came into force in:
Which of the following is NOT a function of the ledger in accounting?
A and B ran over a distance starting from the same place. The distance-time graph is shown:
If a, b and c are the median, mode and range, respectively of the data: 8, 5, 4, 3, 2, 7, 3, 10, 9, 17, 12, 3, 8, 4, then what is the value of (3a-2b+c)?
Average age of company A is 20 years and average age of both companies A and B is 14 years. If the ratio of number of employees in company A and B is 1:...
When two ice cubes are pressed together, they join to form one cube. Which one of the following helps to hold them together?
