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.
The world's first floating city, which will be built off the coast of _______, is likely to be completed as early as 2025.
Which is India's 1 st state to Use Blockchain To Distribute Seed To Farmers?
...Who is the chairman of the Central Board of Direct Taxes (CBDT)?
What is India’s projected GDP growth rate for FY25 as maintained by the IMF in its Regional Economic Outlook for Asia-Pacific?
Which popular food delivery platform's subsidiary, Zomato Payments Private Limited, recently secured the Payment Aggregator (PA) License from the Reserv...
___________ signed a memorandum of understanding (MoU) with Kendriya Sainik Board to support and educate the children of war veterans, ex-servicemen, a...
Which rank is secured by the CEO of Microsoft Satya Nadel in most highly compensated CEOs on the Fortune 500?
Solex Energy partnered with which bank to provide solar project financing across India?
What unique features does BharatPe One possess?
Consider the following statements in regards to the Asian Para Games:
I)1st Para Asian Games was held in 2010 in Guangzhou, China.
II) Ind...
