Question
According to RBI’s KYC Directions, which account type
can have relaxed identification requirements under specific circumstances? ÂSolution
Under RBI’s KYC Directions, "Small Accounts" can have relaxed KYC requirements, allowing individuals with limited documentation to open an account with certain restrictions on transaction limits and usage. Â
Who regulates Alternative Investment Funds (AIFs) in India?
An Ordinary Non-Resident Account (NRO) can be opened with:
What is the TReDS platform used for?
Systemic risk may arise due to ______
Consider the following statements regarding the Neobanks:
1)Â Â Â They are digital banks with multiple branches.
2)Â Â Â Jupiter is...
How much did fourteen states and union territories (UTs) raise at the weekly state bond auction, and which state raised the highest amount?
When was the upward revision of the MSME definition approved under the Aatmanirbhar Bharat Package?
Sustainable Alternative Towards Affordable Transportation (SATAT) initiative launched in October, 2018 envisages setting up of _________ Compressed Bio...
Which Indian state is the GIFT City located in?
According to the RBI guidelines, what should be clearly spelt out at the time of financial closure of a project financed by an NBFC?
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