Question
Which of the following obligations are laid down by
Section 12 of Prevention of Money Laundering Act 2002 on banking companies, financial institutions and intermediaries? I. maintain a record of all transactions II. maintain record of documents evidencing identity of its clients and beneficial owners III. Keep all the information maintained or furnished as confidentialSolution
Section 12 of Prevention of Money Laundering Act 1) Every reporting entity shall: (a) maintain a record of all transactions, including information relating to transactions covered under clause (b), in such manner as to enable it to reconstruct individual transactions; (b) furnish to the Director within such time as may be prescribed, information relating to such transactions, whether attempted or executed, the nature and value of which may be prescribed; (e) maintain record of documents evidencing identity of its clients and beneficial owners as well as account files and business correspondence relating to its clients.
What is the definition of a factory under the Occupational Safety, Health and working conditions Code 2020?
Every worker who has worked for 240 days or more in a plantation in a calendar year is entitled to _______.
Total number of High Courts in India is:
According to the provisions of the 2017 act, to be eligible for maternity benefits, a woman must have been working in an organisation for a minimum per...
A train can cross a pole in 48 seconds. While if the train increased its speed by 50% then time taken by it to cross 225 metres long platform is 42 seco...
Which of the following option is incorrect about “Kisan Samman Nidhi Yojana”?
In case of jelly, which of the following is the dispersed phase?
Which player received a four-year ban from the Anti-Doping Agency NADA in April 2023?
Income of A is twice the income of B. B and A spend 60% and 70% respectively of their incomes. Find the savings of A, if B saves Rs. 15000 in a month.
Which of the following statements is/are correct about National Family Health Survey (NFHS)?
I. It is conduc...
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