Question
What is the proposed increase in the minimum amount for
offering non-callable term deposits (TDs) based on the recent announcement by RBI?Solution
The Reserve Bank of India (RBI) increased the threshold above which banks can offer retail deposits without premature withdrawal from ₹15 lakh to ₹1 crore. This means banks will now have to let retail depositors withdraw fixed deposits below ₹1 crore. Typically, banks offer higher rates on non-callable deposits – those that cannot be withdrawn before maturity. For instance, State Bank of India (SBI) offers 7.1% on a one-year, non-callable term deposit of over ₹15 lakh and below ₹2 crore, while the rate on a callable counterpart below ₹2 crore is 6.8%.
The alternate forms of a gene is called
Which of the following micronutrient fertilizers contains the highest percentage of zinc?
Chemical promoting seed germination
The pest which attack both in field and storage of pulses is–
How much amount of Common salt should be given to the animal to fulfil its mineral requirement?
An 'artificial seed' consists of gel enclosing one of the following components. Which one?
Which of the following are not considered as “Social Insects”?
“Golden treasure” of Assam is known to which silk
Curd is the economical part of which of the following vegetable?
When was the Pradhan Mantri Matsya Sampada Yojana (PMMSY) launched?
