Question
Which of the following best defines a Shell Bank under
RBI KYC directions?Solution
As per RBI KYC norms, a Shell Bank is a financial institution that does not have a physical presence in any jurisdiction and is not affiliated to any regulated financial group. Indian banks are prohibited from dealing with such entities.
Find the highest common divisor of 1080, 2700, and 6480.
Some pencils were distributed among (x + 2) students such that each student received 10 pencils. If there had been 5 students more, then pencils receive...
The difference between a number and its four – seventh is 60. What is the number?
A number leaves a remainder of 17 when divided by 23. What will be the remainder when three times that number is divided by 23?
How many terms are there in the geometric progression 4, 20, 100...... 62500?
- There are ten numbers. The average of the first three numbers is 11, and the average of the last five numbers is 24. If the fourth and fifth numbers averag...
How much greater than 30 is the result when twice the sum of the first five prime numbers is subtracted from the largest two-digit prime number?
- The average of five consecutive multiples of 3 is 24. What is the smallest of these numbers?
Ten numbers are arranged in decreasing order. The average of the first nine numbers is 55, and the average of the last nine numbers is 50. What is the d...
- ‘N’ is the largest three-digit number that leaves 1 as a remainder when divided by 16, 6 and 9. Find the sum of digits of ‘N’.
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