Question
Consider the following statements in regards to UDGAM
portal: 1) It was launched by the RBI in Aug 2023. 2) It is a Centralised Web Portal to search for unclaimed deposits 3) UDGAM is Unclaimed Deposits - Gateway to Access Which of the following statements is incorrect?Solution
The Reserve Bank of India launched a Centralised Web Portal called UDGAM (Unclaimed Deposits - Gateway to Access information) to help and make it simpler for people to search for their unclaimed deposits across different banks at one location. The UDGAM portal was launched in August 2023.
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