Question
Which of the following statement is incorrect about
India Post Payment Bank? i. It's slogan is “Apka Bank Apke Dwaar”    ii. It is a payment bank therefore it will not provide any loans including credit cards iii. It is a joint venture between India Post and SBI, each holding 50% of the equity.Solution
The India Post Payments Bank (IPPB) has been recently incorporated as a Public Limited Company under the Department of Posts with 100% GOI equity. IPPB will offer demand deposits such as savings and current accounts upto a balance of Rs 1 Lac, digitally enabled payments and remittance services of all kinds between entities and individuals and also provide access to third party financial services such as insurance, mutual funds, pension, credit products, forex, and more, in partnership with insurance companies, mutual fund houses, pension providers, banks, international money transfer organisations, etc.Â
Adultery is not a crime. This was held in
Which permanent settlement machinery has been mentioned in the Industrial Disputes Act, 1947 accountable for the speedy and amicable settlement of indus...
Which of the following is a constitutional body ?
In which of the following section of sale of Goods Act, 1930 'Unpaid seller' is defined ?Â
The appropriate Government shall, within ____________ from the commencement of the RTI Act, 2005 compile in its official language a guide containing suc...
Under Civil Procedure Code, 1908 which of the following properties cannot be attached in execution of a decree?
The following rule as to consideration is true:
As per SAT(Procedure) Rules 2000, a memorandum of appeal sent by post shall be deemed to have been presented in the registry
Which of the following is correct with respect to the award made by a Lok Adalat?
A private placement shall be made only to a select group of persons who have been identified by the Board and whose number shall _______________ excludi...
Relevant for Exams:
