New Enroll in RBI Grade B New Batch - Starts on May 21

    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.

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