Question
Consider the following statements:
Which among the above is/ are correct statements?
- The RBI has announced the ‘Depositor Education and Awareness Fund Scheme, 2014’.
- The Depositor Education and Awareness Fund Scheme will utilize unclaimed bank deposits for education and awareness of depositors.
- The scheme will be funded by the Centre for depositor’s education.
Which among the above is/ are correct statements?
Answer: Option B
Answer: (b)
RBI has decided to utilize unclaimed bank deposits that are estimated at Rs. 3,650 crore for education and awareness of depositors.
The apex bank has announced the ‘Depositor Education and Awareness Fund Scheme, 2014’ for this purpose.
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Answer: (b)
RBI has decided to utilize unclaimed bank deposits that are estimated at Rs. 3,650 crore for education and awareness of depositors.
The apex bank has announced the ‘Depositor Education and Awareness Fund Scheme, 2014’ for this purpose.
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