BANKING GENERAL KNOWLEDGE
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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All Scheduled Commercial Banks excluding____are eligible to implement under Gold Monetization Scheme, 2015?
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Private Sector Banks
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IDBI Bank Limited
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State Bank of India
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Regional Rural Banks
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Explanation:
Detailed explanation-1: -Gold Monetisation Scheme | Union Bank of India.
Detailed explanation-2: -Features of the Gold Monetization Scheme The minimum amount of gold to be deposited under the scheme is 30 grams of raw gold in any form like bars, coins, jewellery but does not include stones and other metal.
Detailed explanation-3: -Regional Rural Banks (RRB) are Indian Scheduled Commercial Banks ( Government Banks) operating at regional level in different states of India. They have been created with a view of serving primarily the rural areas of India with basic banking and financial services.
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