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.
'Satyameva Jayate' means
Which state in India celebrates the festival of Bihu?
Which of the following statements accurately describes the role of the Prime Minister in relation to the constitution?
Select the number from among the given options that can replace the question mark (?) in the following series.
64, 60, 52, 40, ?, 4
Identify the spice renowned for its anti-inflammatory effects and commonly used in Indian recipes.
Match List-1 with List-2 and select the correct answer using the codes given below the lists.
Which of the following states witnesses the first onset of the monsoon?
Which Green reserve has topped the MEE (Management Effectiveness Evaluation) Index among the evaluated reserves in India?
Which one is recognized as the State tree of Tripura?
Consider the following statements about Padma Vibhushan Award for the year 2020.
1. Shri George Fernandes received this award posthumously for P...