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 Typically, banks offer higher rates on non-callable deposits – those that cannot be withdrawn before maturity.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%.
Find the smallest integer that must be subtracted from 1250, so that it is divisible by both 18 and 25.
Find the least 4-digit number which is when divided by 18, 30, and 45 leaves a remainder of 7 in each case.
What is the remainder when 123456 is divided by 9?
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The number 976512is non-divisible by which of the following numbers?
An eight-digit number, 73x216y4 is divisible by 72. Find the maximum possible value of x + y.
What will be the remainder when 742 is divided by 48?
