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Discussion

Customers can open a saving account in Payment Bank with deposits up to Rs ___ ?

  • A.50,000
  • B.1,00,000
  • C.75,000
  • D.2,00,000

Answer: B

1,00,000. Customers can open a savings account with deposits of only up to ₹1 lakh ( It may be raised by the RBI based on the performance of the bank ).

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