The Reserve Bank of India (RBI) has issued an updated alert list of entities that are not authorized to deal in foreign exchange (forex) transactions or operate electronic trading platforms (ETPs) for forex.In this latest update, how many platforms/ websites have been added?
The Reserve Bank of India (RBI) has issued an updated alert list of entities that are not authorized to deal in foreign exchange (forex) transactions or operate electronic trading platforms (ETPs) for forex. The bank has added eight names of platforms/websites. Earlier RBI issued the list of 48 entities in this regard. The alert list contains the names of entities that do not hold the necessary authority under the Foreign Exchange Management Act, 1999 (FEMA) or the Electronic Trading Platforms (Reserve Bank) Directions, 2018. The central bank also emphasized that engaging in unauthorized forex transactions or using unauthorized ETPs could lead to financial losses and other risks.
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In relation to the MPLADS (Member of Parliament Local Area Development) Scheme, consider the following statements:
1. It allows an MP to undertak...
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Chinnaswami Subramania Bharati, also known as Bharathiyar was associated with which of the following?
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Which of the following can be classified as “Regulative labour laws”?
I. Factories act 1948
...
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What is the difference between “vote-on-account” and “interim budget”?
1. The provision of a “vote-on-account” is used by a regular G...
Which of the following disputes is/are considered as trade dispute(s) under the provision of the trade Union Act, 1926 ?
Any dispute of any perso...
Among these statements which one is incorrect regarding journal entry?