Question

What is the primary objective of the Reserve Bank of India's (RBI) '100 Days 100 Pays' campaign?

A To promote digital payments in rural areas Correct Answer Incorrect Answer
B To settle top 100 unclaimed deposits Correct Answer Incorrect Answer
C To provide financial assistance to distressed banks Correct Answer Incorrect Answer
D To encourage foreign investment in Indian banks Correct Answer Incorrect Answer
E To provide financial assistance to 100 rural people within 100 days Correct Answer Incorrect Answer

Solution

The Reserve Bank of India (RBI) has recently initiated the ‘100 Days 100 Pays’ campaign, aimed at tracing and settling the top 100 unclaimed deposits of every bank in every district within a span of 100 days.

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