Current Affairs · Banking Regulation
In October 2025, the Reserve Bank of India issued draft directions proposing Basic Savings Bank Deposit Account (BSBDA) Directions, 2025. Which of the following statements correctly describes these proposed directions? 1. Every bank must offer at least four free withdrawals per month, including ATM and transfer transactions. 2. Digital transactions done via UPI, NEFT, or RTGS will not count as withdrawals under the free transaction limit. 3. The directions specifically prohibit a BSBD account holder from maintaining another savings account within the same bank.
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 3Both 1 and 2✓
- 4Both 2 and 3
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Both 1 and 2
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