Current Affairs · Banking Regulations & RBI Policies
Consider the following statements regarding Basic Savings Bank Deposit (BSBD) accounts after the RBI updates: (1) BSBD accounts require a mandatory minimum balance. (2) Digital transactions are counted as a penalty if they exceed withdrawals. (3) Existing BSBD holders can opt for additional value-added services. Which of the statements given above is/are correct?
- 11 and 3 only
- 22 and 3 only
- 31 and 2 only
- 43 only✓
Correct answer
3 only
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