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    Question

    RBI has proposed to revise the definition of bulk

    deposits as a ā€˜Single Rupee term deposit of _______’ for Scheduled Commercial Banks.Ā Ā 
    A Rs. 1 crore Correct Answer Incorrect Answer
    B Rs. 2 crore Correct Answer Incorrect Answer
    C Rs. 3 crore Correct Answer Incorrect Answer
    D Rs. 5 crore Correct Answer Incorrect Answer
    E Rs. 10 crore Correct Answer Incorrect Answer

    Solution

    RBI proposed redefining bulk deposits to Rs. 3 crore to improve liquidity management and enhance operational efficiency for banks.

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