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India Post Payments Bank which is likely to start its operations over the next few months. Consider the following statements regarding IPPB:
I. The India Post Payments Bank (IPPB) has been recently incorporated as a Public Limited Company under the Department of Posts with 100% GOI equity.
II. IPPB will offer demand deposits such as savings and current accounts up to a balance of Rs 1 Lac, digitally enabled payments and remittance services of all kinds between entities and individuals.
II. IPPB will offer demand deposits such as savings and current accounts up to a balance of Rs 1 Lac, digitally enabled payments and remittance services of all kinds between entities and individuals.
Q. Which of the following statement(s) is/are correct?
- a)Only I
- b)Only II
- c)Both I and II
- d)Neither I nor II
Correct answer is option 'C'. Can you explain this answer?
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India Post Payments Bank which is likely to start its operations over ...
The India Post Payments Bank or IPPB is the largest among the eight that are likely to start operations over the next few months. Eleven entities received the RBI’s in-principle approval for floating payments banks but three of them have left the field. The India Post Payments Bank (IPPB) has been recently incorporated as a Public Limited Company under the Department of Posts with 100% GOI equity.
IPPB has been recently integrated as a Public Limited Company under the Department of Posts with 100% GOI equity. IPPB will offer demand deposits such as savings and current accounts up to a balance of Rs 1 Lac, digitally enabled payments and remittance services of all kinds between entities and individuals and also provide access to third party financial services such as insurance, mutual funds, pension, credit products, forex, and more, in partnership with insurance companies, mutual fund houses, pension providers, banks, international money transfer organisations, etc.
IPPB has been recently integrated as a Public Limited Company under the Department of Posts with 100% GOI equity. IPPB will offer demand deposits such as savings and current accounts up to a balance of Rs 1 Lac, digitally enabled payments and remittance services of all kinds between entities and individuals and also provide access to third party financial services such as insurance, mutual funds, pension, credit products, forex, and more, in partnership with insurance companies, mutual fund houses, pension providers, banks, international money transfer organisations, etc.
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India Post Payments Bank which is likely to start its operations over ...
Both (a) and (b)
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India Post Payments Bank which is likely to start its operations over the next few months. Consider the following statements regarding IPPB:I. The India Post Payments Bank (IPPB) has been recently incorporated as a Public Limited Company under the Department of Posts with 100% GOI equity.II. IPPB will offer demand deposits such as savings and current accounts up to a balance of Rs 1 Lac, digitally enabled payments and remittance services of all kinds between entities and individuals.Q. Which of the following statement(s) is/are correct?a)Only Ib)Only IIc)Both I and IId)Neither I nor IICorrect answer is option 'C'. Can you explain this answer?
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India Post Payments Bank which is likely to start its operations over the next few months. Consider the following statements regarding IPPB:I. The India Post Payments Bank (IPPB) has been recently incorporated as a Public Limited Company under the Department of Posts with 100% GOI equity.II. IPPB will offer demand deposits such as savings and current accounts up to a balance of Rs 1 Lac, digitally enabled payments and remittance services of all kinds between entities and individuals.Q. Which of the following statement(s) is/are correct?a)Only Ib)Only IIc)Both I and IId)Neither I nor IICorrect answer is option 'C'. Can you explain this answer? for UPSC 2024 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about India Post Payments Bank which is likely to start its operations over the next few months. Consider the following statements regarding IPPB:I. The India Post Payments Bank (IPPB) has been recently incorporated as a Public Limited Company under the Department of Posts with 100% GOI equity.II. IPPB will offer demand deposits such as savings and current accounts up to a balance of Rs 1 Lac, digitally enabled payments and remittance services of all kinds between entities and individuals.Q. Which of the following statement(s) is/are correct?a)Only Ib)Only IIc)Both I and IId)Neither I nor IICorrect answer is option 'C'. Can you explain this answer? covers all topics & solutions for UPSC 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for India Post Payments Bank which is likely to start its operations over the next few months. Consider the following statements regarding IPPB:I. The India Post Payments Bank (IPPB) has been recently incorporated as a Public Limited Company under the Department of Posts with 100% GOI equity.II. IPPB will offer demand deposits such as savings and current accounts up to a balance of Rs 1 Lac, digitally enabled payments and remittance services of all kinds between entities and individuals.Q. Which of the following statement(s) is/are correct?a)Only Ib)Only IIc)Both I and IId)Neither I nor IICorrect answer is option 'C'. Can you explain this answer?.
India Post Payments Bank which is likely to start its operations over the next few months. Consider the following statements regarding IPPB:I. The India Post Payments Bank (IPPB) has been recently incorporated as a Public Limited Company under the Department of Posts with 100% GOI equity.II. IPPB will offer demand deposits such as savings and current accounts up to a balance of Rs 1 Lac, digitally enabled payments and remittance services of all kinds between entities and individuals.Q. Which of the following statement(s) is/are correct?a)Only Ib)Only IIc)Both I and IId)Neither I nor IICorrect answer is option 'C'. Can you explain this answer? for UPSC 2024 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about India Post Payments Bank which is likely to start its operations over the next few months. Consider the following statements regarding IPPB:I. The India Post Payments Bank (IPPB) has been recently incorporated as a Public Limited Company under the Department of Posts with 100% GOI equity.II. IPPB will offer demand deposits such as savings and current accounts up to a balance of Rs 1 Lac, digitally enabled payments and remittance services of all kinds between entities and individuals.Q. Which of the following statement(s) is/are correct?a)Only Ib)Only IIc)Both I and IId)Neither I nor IICorrect answer is option 'C'. Can you explain this answer? covers all topics & solutions for UPSC 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for India Post Payments Bank which is likely to start its operations over the next few months. Consider the following statements regarding IPPB:I. The India Post Payments Bank (IPPB) has been recently incorporated as a Public Limited Company under the Department of Posts with 100% GOI equity.II. IPPB will offer demand deposits such as savings and current accounts up to a balance of Rs 1 Lac, digitally enabled payments and remittance services of all kinds between entities and individuals.Q. Which of the following statement(s) is/are correct?a)Only Ib)Only IIc)Both I and IId)Neither I nor IICorrect answer is option 'C'. Can you explain this answer?.
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