Question
The maturity period of the Mahila Samman Savings
Certificate account is 2 years and a partial withdrawal facility is provided under is _______.Solution
Explanation: A partial withdrawal facility is provided under the Mahila Samman Saving Certificate scheme. The account holder can withdraw up to 40% of the account balance after one year from the account opening date.
In case of upgradation of pension contribution under Atal Pension Yojana, the subscribers have to pay the differential amount of contribution at the ...
How capital adequacy ratio is calculated:
As per RBI, the bank should have a Chief Risk Officer (CRO), who if reports to the MD, should also directly meet the Risk Management Committee, in absen...
What is the full form of MCLR?
Right of Children to Free and Compulsory Education Act was a watershed moment in India’s history as it ensured full time elementary education of sati...
Which of the following is a common method of buying bullion?
1) Purchasing bullion from a pawn shop.
2) Investing in a bullion-backed exch...
Wide span of control means a single manager or supervisor oversees a large number of subordinates. This gives rise to ___ organizational structure.
Operating risk is most likely to increase as a result of:
What is the Cash reserve ratio (CRR) as of May 2022?
What is the main objective of Prompt Corrective Action (PCA) framework by RBI?
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