✅ | DEA Fund – Establishment & Legal Basis
Q1
Under which section of the Banking Regulation (BR) Act, 1949, was the Reserve Bank of India (RBI) empowered to formulate "The Depositor Education and Awareness Fund (DEA Fund) Scheme, 2014"?
Q2
Which of the following types of amounts are credited to the DEA Fund, if they remain unclaimed for 10 years or more?
Q3
What is the minimum period an amount must remain unclaimed or a deposit account must be inoperative, for the funds to be transferred to the Depositor Education and Awareness (DEA) Fund?
Q4
When did the Depositor Education and Awareness (DEA) Fund Scheme, 2014, come into effect?