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 the first step to building a startup from scratch?
Which of the following statements is incorrect about concept design?
Which government initiative focuses on financial assistance to small enterprises, particularly for women, SCs, and STs?
______ entrepreneurs neither introduce new changes nor adopt new methods innovated by others.
Which of the following is an example of a scalable startup?
Which Indian startup transformed the e-commerce sector by addressing online shopping needs?
What is the primary goal of scalable startups?
Which stage of the innovation life cycle focuses on brainstorming and identifying new opportunities?
Which of the following factors can influence the progression of the Innovation Life Cycle?
1. Market dynamics
2. Regulatory compliance
...__ the process of collection, compilation and analysis of economic data for the purpose of finding out possible opportunities for investment.
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