Question
According to the UNFPA's 'India Ageing Report 2023,'
what percentage of the country's total population is projected to be constituted by the elderly population (aged 60 years and above) by the year 2036?Solution
The UNFPA’s ‘India Ageing Report 2023’ suggests that by 2036, the elderly population – those aged 60 years and above – is projected to constitute 15% of the country’s total population, a significant rise from the current share of 10.1% in 2021.
As per the Nayak committee, what percentage of its annual projected turnover should a n MSME get as working capital from a bank?
In banking, IRAC stands for:
A bank’s Profit before appropriations = ₹20 crore. Statutory reserve requirement is 25%. The bank also transfers ₹2 crore to Investment Fluctuatio...
A borrower is offered two loan options:
• Loan A: ₹50 lakh @ 9.5% with 1.5% upfront fee
• Loan B: ₹50 lakh @ 10% with no fee
<...The ‘CAMELS’ approach is a risk assessment method. What does C stand for in CAMELS?Â
The digital payment system UPI, has been developed by which of the following institutions? Â
"CASA" ratio in banking stands for:
An account is classified as "Doubtful Asset" (for more than 3 years) if it has remained in the NPA category for:
Which of the following is not allowed in small accounts?
What is the threshold aggregate annual credit limit for deposit accounts opened using Aadhaar OTP-based e-KYC?