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.
Which among the following is categorized as a Mediterranean poultry breed?
The isolation distance for the production of foundation seed in bajra is:
Which one of the following soil type will have maximum soil erodibility factor?
What is the primary role of organic matter in soil?
Name the alkaloid that is obtained from the autumn crocus, which is the most important chemical used by breeders to induce the doubling of chromosome nu...
In germination test the commonly used term B P stands for:
Which of the following is considered as an essential step in the exchange of gases during respiration and photosynthesis?
What is the tag color of certified seed?
Which process describes the mixing of soil by earthworms?
Leaf curl disease of cotton is due to
Relevant for Exams:
