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The finance ministry has increased the small savings rates for the September quarter of FY24 for the one-year, two-year, and five-year recurring deposits, while keeping other interest rates unchanged.Interest rates for the one-year and two-year deposits were raised by 10 basis points (bps) each to 6.9 per cent and 7 per cent, respectively, while small savings rate for the five-year recurring deposit was raised by 30 bps to 6.5 per cent.
Consider the following statements regarding Phase II of the Swachh Bharat Mission (Grameen) [SBM (G)]
1) The program will be implemented ...
When Government expenditure is more than income, through which of the following ways, it does the deficit financing?
(1) From Banks
(2) Fr...
Who among the following is not one of the eligible beneficiaries of PMUY?
Which of the following Statements about Multiplier Effect is/are True?
I- When the government spends a rupee, overall income rises by a multiple ...
Which of the following statements about Prompt Corrective Action is/are True?
I- Prompt Corrective Action F...
Which of the following Statements about IREDA is/are True?
I- It is registered as Non-Banking Financial Company (NFBC) with Reserve Bank of India...
What is the basic difference between Gross NPA and Net NPA?
I- Gross NPA is the total of Bank loans and Net NPA is the total of all kinds of loan...