Question
As per the RBI guidelines, Payments Banks are allowed
to - i. Accept deposit uptoRs.10 lakh per customer ii. Provide small value loans upto Rs.1 lakh to individuals iii.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.
The most suitable soil for the cultivation of cotton is which of the following?
When was the Pradhan Mantri Awas Yojna (Gramin) launched?
Which has been temporarily barred by UIDAI from aadhar based SIM verification
In which Indian state is the Khijadiya Bird Sanctuary located?
If the de Broglie wavelength of an electron is equal to that of a proton, what can be concluded about their momenta?
A tribal festival called Medaram Jatara will soon get the tag of National Festival. This festival is observed in:
What is the focus of the IIT Madras Global Centre to be launched in Dubai in early 2025?
The Nobel Peace Prize 2017 was won by
Below are two statements, one is a statement (A) and the other is a reason (R). Choose the correct answer from the options given below:
Statement...
The "Basic Structure" doctrine was established in which landmark case?
Relevant for Exams:
