📢 Too many exams? Don’t know which one suits you best? Book Your Free Expert 👉 call Now!


    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 ₹1 lakh. It positions RDs as systematic investment plans (SIPs), making savings more accessible to households.

    Practice Next

    Relevant for Exams:

    ask-question

    Not sure which exam is best for you Talk to our expert

    Get My Free Call