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      Question

      What is the time duration after which a savings or

      current account is treated as inoperative if there are no customer-induced transactions?Β Β 
      A 6 months Correct Answer Incorrect Answer
      B 12 months Correct Answer Incorrect Answer
      C 18 months Correct Answer Incorrect Answer
      D 24 months Correct Answer Incorrect Answer
      E 36 months Correct Answer Incorrect Answer

      Solution

      According to RBI guidelines, accounts are deemed inoperative after 24 months without customer-induced transactions, ensuring inactive funds are properly monitored.

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