Question
As per the RBI guidelines, Payments Banks are allowed to
- i. Acc ept deposit uptoRs. 10 lakh per customer ii. Provide small value loans upto Rs.1 lakh to individuals iii.Can issue credit cards upto Rs.5 lakh credit limit iv.Offer services like ATM cards, debit cards, net-banking and mobile-bankingSolution
Payments Banks are conceptualised by the Reserve Bank of India (RBI). These banks can accept deposit upto ₹1 lakh per customer. These banks cannot issue loans and credit cards but can offer current account and savings accounts and can issue services like ATM cards, debit cards, net-banking and mobile-banking. Airtel has launched India's first payments bank. Paytm is the second such service to be launched. India Post Payments Bank is the third entity to receive payments bank licence from RBI.
Mechanical analysis of soil texture is based on :
Which irrigation method is best for "Potato" to avoid tuber rot?
What is the minimum concentration of fruit pulp/ Juice in the ideal squash?
In rose breeding programs, which characteristic is least heritable and most influenced by the environment?
The bonsai style “Kengai” imitates which natural growth condition?
What is the most appropriate time for pruning hybrid tea roses in North Indian plains?
Which of the following is used as rootstock for sapota?
Which planting system in fruit orchards involves planting a fifth tree in the center of each square, increasing the plant density?
Which device is used to measure the moisture content of the soil/media automatically?
In lilium cultivation, vernalization is essential to break bulb dormancy. What is the ideal temperature range for this purpose?
