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    Question

    What is the primary goal of SBI's "Har Ghar Lakhpati"

    initiative?
    A To boost mutual fund investments Correct Answer Incorrect Answer
    B To promote systematic savings through Recurring Deposits (RDs) Correct Answer Incorrect Answer
    C To integrate SIPs with Fixed Deposits Correct Answer Incorrect Answer
    D To enhance SBI's premium banking services Correct Answer Incorrect Answer
    E To enable pension creation through NPS Correct Answer Incorrect Answer

    Solution

    SBI's "Har Ghar Lakhpati" initiative encourages systematic savings through Recurring Deposits (RDs) to help savers grow their deposits to β‚Ή1 lakh. It positions RDs as systematic investment plans (SIPs), making savings more accessible to households.

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