Question
As per DICGC, there are 98.1% protected accounts at
end-March 2021, What is the required percentage as per international norms?Solution
With deposit insurance coverage of Rs5 lakh per depositor per bank, there were 247.8 crore fully protected accounts at end-March 2021, constituting 98.1 per cent of the total number of accounts (252.6 crore). This is much higher than the international benchmark of 80 per cent. In terms of amount, the total insured deposits (Rs 76.2 lakh crore) as at end-March 2021 constituted 50.9 per cent (up from about 30 per cent under Rs 1 lakh cover) of the total assessable deposits (Rs 149.7 lakh crore) as against the international benchmark of 20-30 per cent,” stated the Economic Survey 2021-22.
Which of the following is associated with fiscal policy?
The term “Money Supply” relates to:
Which one of the following is not a feature of Ayushman Bharat Scheme?
Which of the following Tax is levied by Union and collected and appropriated by States?
Export Promotion Capital Goods (EPCG) Scheme allows import of capital goods for pre-production, production and post-production at how much customs duty?
Consider the following statements regarding ‘employment elasticity’:
1. It is a measure of the percent change in employment associated with a...
Doubtful Debts are NPAs in the doubtful debts category have been past due for at least ___________.
When was the Asian Development Bank founded ?
Which of the following is not a part of India’s National Debt?
As per the Centre for Economics and Business Research, India will become the third largest economy by ____________.
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