Question
Which of the following statement is incorrect about
India Post Payment Bank? i. Its slogan is “Apka Bank ApkeDwaar” 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 of the following species is Indian major carps
In onion, smell occurs due to the presence of?
What is the purpose of AGMARK certification?
Which of the following is known as fertilizer tree?
In Stage III of Law of Diminishing marginal returns, the value of Elasticity of production is
What is the term for the process of converting atmospheric nitrogen gas into a form that plants can absorb?
For most of the cereal grains, moisture content for safe storage is
The soils of very cold climates which are defined as containing permafrost within two meters of the soil surface belongs to the order
Which of the following disease occurs due to deficiency of zinc in rice?
Where is the ICAR-Central Institute for Arid Horticulture located?