Question
Which PSU bank was the first to eliminate the Average
Monthly Balance (AMB) requirement completely?Solution
Canara Bank was the first major PSU bank to completely eliminate the AMB (Average Monthly Balance)requirement. This action reduces banking costs for account holders, especially for rural and low-income users, and promotes financial inclusion.
As per World Cooperative Monitor, IFFCO is the no. 1 cooperative in the world. Who launched the WCM?
Small Finance banks need to maintain what percentage of Capital adequacy ratio in order to meet one of the conditions to be eligible to get into Authori...
In a Public-Private Partnership (PPP), what is the purpose of Viability Gap Funding (VGF)?
A business follows the FIFO method of inventory management and undertook the following inventory transactions during the year :  Â
Which one of the following is not one of the pillars of PMJDY?
Which one of the following is not the possible reasons for the Decline in India’s Forex Reserves?
The Overnight Alternative Reference Rate for the respective currency / Swap rates quoted / displayed by whom shall be used as the reference for arriving...
SEBI had mandated the separation of the posts of Chairperson and MD of listed companies by April 01, 2022. This norm was a part of recommendations of t...
To make SWIFT movement of inward remittances easier and faster for its customers ____ bank has launched the ‘Smart Wire Service’.
World Economic Outlook is the biannual publication of which of the following institution ?