IBPS PO Mains 12 Oct 2025 Shift 1 Paper

Concept:A Small Account under limited KYC is a savings account for individuals without officially valid documents, subject to strict RBI-imposed caps.Explanation:The RBI Master Direction on KYC prescribes specific transaction and balance limits for Small Accounts.The maximum balance permitted at any point in time is $\text{Rs. }50{,}000$.This cap applies to the entire balance in the account, regardless of how deposits are made.The aggregate of all credits in a financial year (April to March) cannot exceed $\text{Rs.}1{,}00{,}000$.Total withdrawals and transfers in a single calendar month are limited to $\text{Rs.}\,10{,}000$.A Small Account remains valid for an initial period of 12 months.It can be extended by another 12 months if the holder shows proof of having applied for an Officially Valid Document.If any prescribed limit is breached, the account is blocked for further transactions until Full KYC is completed and the account is converted into a regular account.Answer:$\text{Rs.}50{,}000$, i.e., Option C.