Question
Under the PM Surya Ghar: Muft Bijli Yojana, what is the
maximum collateral-free loan amount offered to beneficiaries?Solution
Beneficiaries under the PM Surya Ghar scheme are eligible for collateral-free loans up to ₹2 lakh , with interest linked to Repo + 50 basis points . This supports the installation of rooftop solar systems in households.
In the Lead Bank Scheme circular, which committee’s recommendations were instrumental in the introduction of the Lead Bank Scheme?
According to the RBI’s guidelines on the Sovereign Gold Bond (SGB) Scheme, what discount is provided to investors who apply online and make payments t...
What was the value of RBI's Financial Inclusion Index (FI-Index) in March 2024?
According to a report by the PHD Chamber of Commerce and Industry (PHDCCI) on 'Viksit Bharat @2047', what is the projected size of the Indian economy by...
A type of market where debt and stocks are traded and maturity period is more than a year
Which of the following financial institution is responsible for the development of housing finance sector in India?
The Reserve Bank of India (RBI) recently revised the timeline for the completion of various stages of a Regulatory Sandbox (RS) to:
The Reserve Bank of India (RBI) signed an agreement with Indonesia’s central bank to promote cross-border local currency transactions. This agreement ...
HDFC Bank launched GIGA, a financial product designed for which group of individuals?
Which of the following does not fall under the category of commercial banks  ?