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.
Kind of value which shows concerns for others ____________.
Which of the following is a restriction regarding investments made by banks in securities/instruments issued by NBFCs?
Which among the following correctly calculates Conversion Cost?
Delegation is considered as an important principle in management. It is a part of the _______ management function
A company’s 1000 par preferred stock pays a Rs 50 annual dividend and has a required rate of return of 8%. Calculate the value of the preferred stock ...
A portfolio to the right of the market portfolio on the Capital Market Line is:
Where will the Bill receivable discounted but not due till date of final accounts, be shown under?
A risk-averse investor is best described as an individual as __________
What is the name of the term deposit scheme launched by the State Bank of India (SBI) offering up to 7.75% interest?
India’s first Long term Fiscal policy was adopted during the tenure of ..................... as Minister of Finance.
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