10 MCQs on RBI Udgam Portal: Everything You Need to Know
10 MCQs on RBI Udgam Portal: Everything You Need to Know
10 MCQs on RBI Udgam portal: Learn about the purpose, how to use, and benefits of the RBI Udgam portal with answers.The RBI Udgam portal is a centralized database of all unclaimed deposits in India. It is a great resource for customers who are looking for their unclaimed deposits.The Reserve Bank of India (RBI) has launched a new portal called UDGAM (Unclaimed Deposits – Gateway to Access inforMation) to help customers find their unclaimed deposits. The portal is a centralized database of all unclaimed deposits in India, and it allows customers to search for their deposits by name, account number, or bank.
Once a customer finds their unclaimed deposit, they can contact the bank directly to claim it. The bank will then require the customer to provide some additional information, such as their proof of identity and address. Once the customer has provided this information, the bank will release the unclaimed deposit to them.
The UDGAM portal is a great resource for customers who are looking for their unclaimed deposits. It is easy to use and it provides a central location to search for deposits from all banks in India. If you think you may have an unclaimed deposit, I encourage you to use the UDGAM portal to search for it.
Some of the benefits of using the UDGAM portal:
- It is a centralized database of all unclaimed deposits in India.
- It is easy to use.
- It allows customers to search for their deposits by name, account number, or bank.
- It provides a one-stop shop for customers to claim their unclaimed deposits.
If you think you may have an unclaimed deposit, I encourage you to use the UDGAM portal to search for it. You may be surprised at how much money you are owed!
Here are the steps on how to use the UDGAM portal:
- Go to the UDGAM website.
- Click on the "Search" button.
- Enter your name, account number, or bank in the search bar.
- Click on the "Search" button.
- The results of your search will be displayed.
- If you find your unclaimed deposit, click on the "Claim" button.
- You will be asked to provide some additional information, such as your proof of identity and address.
- Once you have provided this information, the bank will release the unclaimed deposit to you.
10 MCQs on RBI Udgam Portal:
Who launched the RBI Udgam portal?
- a) Reserve Bank of India
- b) Ministry of Finance
- c) Indian Banks' Association
- d) National Payments Corporation of India
- Answer: a
What is the purpose of the RBI Udgam portal?
- a) To help customers find their unclaimed deposits
- b) To provide a centralized database of all unclaimed deposits in India
- c) To make it easier for customers to claim their unclaimed deposits
- d) All of the above
- Answer: d
How can customers search for their unclaimed deposits on the RBI Udgam portal?
- a) By name
- b) By account number
- c) By bank
- d) All of the above
- Answer: d
What information do customers need to provide to claim their unclaimed deposits on the RBI Udgam portal?
- a) Their name
- b) Their account number
- c) Their proof of identity
- d) All of the above
- Answer: d
How long does it take for the bank to release the unclaimed deposit to the customer after they have provided the required information?
- a) A few days
- b) A few weeks
- c) A few months
- d) A few years
- Answer: a
What happens to unclaimed deposits that are not claimed by the customer within a certain period of time?
- a) They are forfeited by the customer.
- b) They are transferred to the government.
- c) They are used to fund government programs.
- d) They are destroyed.
- Answer: b
What is the deadline for claiming unclaimed deposits?
- a) 10 years
- b) 15 years
- c) 20 years
- d) 25 years
- Answer: c
What are the benefits of using the RBI Udgam portal to search for unclaimed deposits?
- a) It is easy to use.
- b) It is a centralized database of all unclaimed deposits in India.
- c) It provides a one-stop shop for customers to claim their unclaimed deposits.
- d) All of the above
- Answer: d
What are the drawbacks of using the RBI Udgam portal to search for unclaimed deposits?
- a) It is not always accurate.
- b) It can be time-consuming to use.
- c) It is not available in all languages.
- d) All of the above
- Answer: a
Where can customers get more information about the RBI Udgam portal?
- a) On the RBI website
- b) On the website of the bank where the unclaimed deposit is held
- c) By calling the RBI helpline
- d) All of the above
- Answer: d
I hope these MCQs are helpful. Please let me know if you have any other questions.
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