Question
According to RBI's KYC Directions, if KYC/AML standards
differ between RBI and a host country regulator for foreign branches of Indian banks, which standard should be followed?Solution
RBI mandates that foreign branches or subsidiaries of Indian banks must adhere to the more stringent AML/KYC standards between RBI’s guidelines and the host country’s regulations. This ensures robust compliance and mitigates the risk of money laundering across different jurisdictions.
Given below are two statements:
Statement I: Wheat rust is a seed borne disease.
Statement II: Loose smut of wheat is an internally seed b...
The thorax is the middle section of the insect's body, and it contains the wings and legs. How many pairs of legs do insects typically have?
Marketers of successful 21st-century brands must excel at ________ the design and implementation of marketing activities and programs to build, measure,...
Scientific name of potato is:
Sago is the important food product derived fromÂ
Law of Demand shows a relationship between the quantity demanded of a commodity to its unit
Which is a single use plan that covers a relatively large set of activities?
The full form of RKVY is
Which one of the following is the water flow for one acre-inch-day?
Carbon becomes available in the crop plants in the form of:
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