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 Typically, banks offer higher rates on non-callable deposits – those that cannot be withdrawn before maturity.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%.
Below are four pairs, each representing a state and a folk dance. Which pairing of state and folk dance is incorrect?
Who won Gold medal in the Badminton category in the Commonwealth Games held in Birmingham, UK?
Under which of these ministries does the ‘Deendayal Upadhyaya National Rural Livelihood Mission’ is being launched?
Who among the following advocated the ideology of "oru jati, oru matam, oru daivam manushyanu" (one caste, one religion, one god for humankind)?
The human shoulder joint is an example of a ______ joint.
Which of the following is not in the top five of the world's most recognizable brands?
To propagate caste equality, ___________ founded the Satyashodhak Samaj.Â
______ is the branch of Biology which is concerned with the study of structure of organism and their parts.
What is the lock-in period for Equity Linked Savings Scheme (ELSS) funds in India?
The second five year plan (1956-61) of India was based on the model of  which of the following person?
