Question
Who is considered a Beneficial Owner under RBI KYC
norms?Solution
A Beneficial Owner is someone who ultimately owns or controls the business. Under RBI norms, this typically refers to individuals holding ≥25% ownership or voting rights, and banks must identify them to assess actual credit exposure and risk.
The Government of India's announcement of a Rs 500 crore e-mobility scheme to promote electric vehicles (EVs) targets which of the following vehicles fo...
According to the recent meeting of Monetary Policy Committee in February 2023, Repo Rate hiked by how much basis points?
Hari Chand, a two-time Olympian and a double Asian Games gold medallist has recently passed away.He was associated with?
Which theory supports the role of the Delhi-Ghaziabad-Meerut RRTS in enhancing urban development?
Dudhawa Dam is situated on which of the following river?
Which city was ranked the least liveable city in the Global Liveability Index 2025?
The National Bank for Agricultural and Rural Development (Nabard) has issued three-year, three-month and 19-day bonds worth _______ at a 7.50% rate of i...
Mouling National Park is located in which state?
Smart Wealth Annuity Guaranteed Pension Plan - SWAG Pension Plan has been introduced that redefines the landscape of retirement planning, combining flex...
Where is the headquarters of NATO located?
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