Question
In the context of banking, what does the term "KYC"
stand for?Solution
KYC is a process through which banks and financial institutions verify the identity of their customers, assess potential risks of illegal intentions for the business relationship, and maintain updated information about customers.
Recently RBI fines Rs 3 cr on which of the following company for not complying with PPI & KYC norms?
Who has been appointed as the AHF Athletes Ambassador from India by the Asian Hockey Federation?
Reserve Bank of India has sanctioned a surplus transfer to the Central Government of ______ crore rupees for the fiscal year 2021-22.?
SEBI has come out with a “stricter timeline” for disclosure of material events or information by listed companies and introduced criteria for determ...
The Insurance Regulatory and Development Authority of India (IRDAI) has made changes to the approval process for insurance products.What changes have be...
Which of the following statements correctly describes the Vriksharopan Abhiyan 2024 launched by Union Minister Shri G. Kishan Reddy?
Which of the following company had buys 89% stake in Purple Panda Fashions recently?
Consider the following statements about the V. Shantaram Lifetime Achievement Award:
1. It is awarded for contributions to feature films.
...
Which clothing brand collaborated with the National Basketball Association (NBA) to launch and operate NBAStore.in in India?
Which of the following statements is/are correct regarding India's oil imports from Russia?
1. India has become the world's largest importer of R...
