ЁЯУв Too many exams? DonтАЩt know which one suits you best? Book Your Free Expert ЁЯСЙ call Now!


    Question

    What is the bulk deposit limit for banks as per RBI

    guidelines?
    A тВ╣1 crore and above Correct Answer Incorrect Answer
    B тВ╣2 crore and above Correct Answer Incorrect Answer
    C тВ╣5 crore and above Correct Answer Incorrect Answer
    D тВ╣10 crore and above Correct Answer Incorrect Answer
    E тВ╣15 crore and above Correct Answer Incorrect Answer

    Solution

    The RBI defines bulk deposits as single rupee deposits of тВ╣2 crore and above for scheduled commercial banks (excluding RRBs). This threshold is used for differential interest rate policies.

    Practice Next
    More Previous Year Paper Questions
    ask-question