Inoperative account definitions clarify eligibility for transfer to Senior Citizens' Welfare Fund based on dormancy and specified schemes. Defines terms for the Senior Citizens' Welfare Fund: inoperative account (accounts inactive three years or from maturity), 'unclaimed amount' held by notified 'institutions' (banks, Post Offices, others), the 'Committee' (Inter Ministerial Committee), the 'Fund' established under the Chapter, and 'eligible interest' at rates notified by the Central Government; also defines 'Financial Year', 'notification', 'prescribed' rules and 'senior citizen' as age sixty or above.