Current Affairs · Banking and Financial Schemes
India Post Payments Bank (IPPB) launched a dedicated Self Help Group (SHG) Savings Account to foster financial inclusion and empower women-led groups in rural areas. Which one of the following combinations correctly reflects the maximum balance limit, the frequency of interest payouts, and the designated personnel for doorstep delivery associated with this account?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1₹2,00,000; Monthly; Anganwadi Workers
- 2₹5,00,000; Half-yearly; Rural Bank Managers
- 3₹2,00,000; Quarterly; Postmen and Gramin Dak Sevaks (GDS)✓
- 4₹1,00,000; Monthly; Bank Correspondents
Correct answer
₹2,00,000; Quarterly; Postmen and Gramin Dak Sevaks (GDS)
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