Question
According to RBI's KYC Directions, if KYC/AML standards
differ between RBI and a host country regulator for foreign branches of Indian banks, which standard should be followed? ÂSolution
 RBI mandates that foreign branches or subsidiaries of Indian banks must adhere to the more stringent AML/KYC standards between RBI’s guidelines and the host country’s regulations. This ensures robust compliance and mitigates the risk of money laundering across different j urisdictions . Â
The Stolper-Samuelson theorem is a result in international trade theory. According to this theorem, an increase in the price of a good will:
If the correlation between x and y is 0.6 covariance is 27, variance of y is 25, then what is the variance of x?
Market failure is the inability of
The following utility function represents what kind of preferences U(x,y) = x2 + y + 2xy0.5
If the money supply grows 5 per cent, and real output grows 2 per cent, prices should rise by
Which among the following are the recommendations of the Urjit Patel Committee report on monetary policy?
I. Curtailment of the fiscal deficit.
GDP at market price is given by?
If interest payments are subtracted from gross fiscal deficit, the remainder will be
T he Golden Rule of Capital in the Solow Growth Model is that level of steady-state capital per worker where,
             I.  �...
You have a budget of Rs. 4000 and would like to purchase LPG cylinders from a local seller who charges Rs. 50 per cylinder. The seller has a subsidy sch...
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