Exams › IBPS PO › General Awareness

What is the newly increased limit for the Basic Services Demat Account (BSDA) as per SEBI?

1. ₹5 lakh
2. ₹7.5 lakh
3. ₹10 lakh
4. ₹12.5 lakh

Correct answer: ₹10 lakh

Solution

SEBI revised the value limit for Basic Services Demat Accounts to ₹10 lakh. This account is meant to provide lower-cost services to small investors.

Related IBPS PO General Awareness questions

• Recently in December 2020, BSE launched an electronic spot platform for agricultural commodities through its subsidiary BSE Investments. What is the name of the platform?
• India has recently become the only country to adopt the T+1 settlement system after which country?
• CDSL was initially promoted by which of the following entities before it divested its stake to leading banks?
• Passage: 1929 Stock Market Crash and the Great Depression. Investors __________ the Stock Exchange in a single day. Which word fits the blank?
• ___________ are a vehicle to mobilize money from investors to invest in different markets and securities.
• Which company became the first Indian company to hit a market capitalization of ₹9 lakh crore?

⚔️ Practice IBPS PO General Awareness free + battle 1v1 →