Current Affairs · Banking Schemes & IPPB
Consider the following statements regarding the India Post Payments Bank (IPPB) Self Help Group (SHG) Savings Account: I. The account comes with a maximum balance limit of ₹2,00,000. II. The account requires a minimum Monthly Average Balance (MAB) to avoid monthly maintenance charges. III. IPPB is a 100% Government of India-owned entity under the Ministry of Communications. Which of the statements given above is/are correct?
- 1All I, II, and III
- 2Only I and III✓
- 3Only II and III
- 4Only I and II
Correct answer
Only I and III
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