Question
Under the existing deposit insurance system in India
(introduced in 1962), banks pay a flat premium of how much per ₹100 of assessable deposits?Solution
The flat-rate deposit insurance system introduced in 1962 charges banks a premium of 12 paise per ₹100 of assessable deposits. The RBI has now approved a shift to a risk-based deposit insurance framework, which will differentiate premiums based on banks’ financial strength.
Be glad to see the back of
Leaps and bounds
Select the most appropriate meaning of the given idiom.
To breathe one’s last
Select the most appropriate meaning of the bold idiom.
Despite repeated minor infractions, the regulator decided it was time to put its foot down...
In the following question, four alternatives are given for the Idiom/Phrase given in bold in the sentence. Choose the alternative which best expresses ...
In each of the following questions, a sentence is given with an idiom/phrase in bold. Choose the option that best expresses the meaning of the idiom. <...
Select the most appropriate meaning of the given idiom.
Hold your horses
The bee’s knees
When it comes to solving this problem, we need to think outside the box to find a creative solution.
In the following question, three statements have been given, and a phrase/idiom has been highlighted in each of them. Identify the statement(s) in whic...
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