CURRENT AFFAIRS

2017

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which scheme is extended by the Reserve Bank of India?
A
Atal Pension Yojana
B
Kishore Vaigyanik Protsahan Yojana
C
Pradhan Mantri Adarsh Gram Yojana
D
Banking Ombudsman Scheme
Explanation: 

Detailed explanation-1: -The correct answer is RBI Retail Direct Scheme.

Detailed explanation-2: -RBI Retail Direct Scheme has been launched on November 12, 2021 for providing one-stop access to facilitate investment in Government Securities by retail investors.

Detailed explanation-3: -With effect from April 1, 2022, banks shall reduce the interest rate charged to the eligible exporters upfront as per the guidelines and submit the claims in original within 15 days from the end of the respective month, with bank’s seal, and signed by authorised person, in the prescribed format.

Detailed explanation-4: -In order to ensure speedy resolution of customer grievances against regulated entities (REs), RBI brought about Reserve Bank – Integrated Ombudsman Scheme (RB-IOS) – 2021 as single point resolution mechanism. Since it is steered by RBI, all REs are conscious about compliance standards.

There is 1 question to complete.