Question
What is the RBI’s stance on minors operating bank
accounts as per the new circular?Solution
The Reserve Bank of India now permits minors above 10 years to independently open and operate savings or term deposit accounts. Minors of any age can also open accounts through a natural or legal guardian.
A loan is considered as a microfinance loan when certain features are met. Which of the following is NOT the correct feature of such a loan?
When the Spot price of a Call Option is greater than the Strike Price of an Option, The Option is said to be in:
What is the full form of CMA Report in terms of appraisal process at banks
What is the new limit for Mudra loans as per the Union Budget 2024-2025?
An effective MIS (Management Information System) should have all the features, except?
Which of the following transformations is most appropriate to bring all feature values into the range [0,1] for a machine learning model?
Dividends earned on the investments in shares represents a part of an income. To which of the following categories of income, does it belong to?
Sukanya Samriddhi Account Scheme is one of the major schemes of Government of India targeted at the parents of girl children. The scheme encourages pare...
As per the recent (April 2024) change done to SGrBs, w hich of the following statements is NOT true about Foreign Institutional Investors (FIIs) investi...
In a negatively skewed distribution
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