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A savings account as well as a current account should be treated as dormant if there are no transactions in the account for over a period of years.

1. 5
2. 3
3. 1
4. 2

Correct answer: 2

Solution

In banking, a savings or current account is generally treated as dormant/inoperative if there are no customer-induced transactions for 2 years. This is the standard RBI-related rule used in such questions.

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