BANKING GENERAL KNOWLEDGE
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Rs 2 lakhs
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Rs 1 lakh
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Rs 50000
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Rs 5 lakhs
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Detailed explanation-1: -Considering the progress made by PBs in furthering financial inclusion and with the objective of giving more flexibility to the PBs, it has been decided to enhance the limit of maximum balance at the end of the day from ₹1 lakh to ₹2 lakh per individual customer of PBs with immediate effect. 4.
Detailed explanation-2: -Payment banks can take deposits up to Rs. 2, 00, 000. It can accept demand deposits in the form of savings and current accounts.
Detailed explanation-3: -Fino Payments Bank Goes Live With Deposit Limit of Rs 2 Lakh.
Detailed explanation-4: -As per the RBI guidelines, you can hold a maximum of ₹2 lakhs in your Paytm Payments Bank account at end of the day.
Detailed explanation-5: -According to the new rules, PAN and Aadhaar will be required for depositing cash of Rs 20 lakh or more in a bank or post office in any one financial year. The Central Board of Direct Taxes (CBDT) has issued new rules under the Income Tax (15th Amendment) Rules, 2022.