Question
The Atal Pension Yojana (APY) is a flagship social
security scheme of the Government of India. Under the APY, what happens if a subscriber fails to make timely contributions?Solution
If the subscriber fails to make contributions on time, penalties are imposed, and prolonged failure can result in freezing or closure of the APY account.
The Reserve Bank has released a booklet that aims to enhance public awareness about various types of financial frauds perpetrated on gullible customers...
Read the following Statements and answer the question:Â
- India’s inflation target of 4 % ± 2 % is jointly set by RBI and the Ministry of...
The key areas to be monitored under the Revised Prompt Correction Action framework of RBI would be:
The total liability of the monetary authority of India i.e. RBI, is included in which of the following?
The place where banks’ mutual claims are settled, is called?
When the RBI wants to inject liquidity into economy, it may adopt the following :
(1) Buy the government securities from the banks.
(2) En...
A rate at which RBI (Reserve Bank of India) lends to commercial banks by purchasing securities:
Which of the following is the correct meaning of Cash Reserve Ratio (CRR), a monetary policy tool used by RBI?
What is one of the roles of IRDA in relation to insurance intermediaries?             Â
...Which among the following is a numerical measurement that is used to predict the chances of a business going bankrupt in the next two years.
