insurence exam NICL AO (Pre + Mains) Mock Test 2024 Banking and Financial Awareness Financial Inclusion
Consider the following statements related Basic Saving Bank Deposit (BSBD) account.
a) RBI advised all banks to open BSBD accounts as a Financial Inclusion Initiative.
b) BSBD accounts should be maintained with minimum balance of Rs. 100
c) BSBD account will have ATM and Credit card facilities.
d) BSBD accounts have no limit on number and value of deposits that can be made in a month.
1
only a is correct
2
only a and b are correct
3
all are correct
4
only d is correct
5
only a and d are correct