Question
In the context of wire transfers, who is defined as the
“Beneficiary” according to RBI’s KYC guidelines?Solution
The “Beneficiary” in a wire transfer is the person or entity designated to receive the funds from the transaction. This individual or entity is typically specified by the originator, ensuring the correct party receives the amount transferred.
A bag contains 13 white and some black balls. If the probability of drawing a black ball from the bag is twice that of drawing a white ball, find the nu...
A box contains only three colors of balls- red, green and blue. What is the minimum number of balls that should be picked from the box to ensure that at...
A bag contains 4 red and 3 blue balls. Two balls are drawn at random without replacement. Find the probability that both balls are of the same colour.
The probability of selecting a rotten egg randomly from a basket of 250 eggs is 0.2. What is the number of rotten eggs in the basket?
A is trying to break a bulb by throwing balls at it. If he hits the bulb 3 times in every 5 throws and bulb breaks 3 times out of 12 hits, then find the...
A basket contains 8 pink, 12 violet, and 5 indigo balls. If 2 balls are picked at random without replacement, find the probability that the first ball i...
If n(A) = 25, n(B) = 40 and n(A ∪ B) = 50, then n(A ∩ B) equals
- 16 defective mobile phones were accidentally packed with 144 working phones. One mobile phone is randomly taken out. Find the probability that the selected...
Two players, A and B, play a tennis match. It is known that the probability of A winning the match is 0.65. What is the probability of B winning the mat...
A box holds a total of 'p' purple balls and 5 silver balls. Two balls are drawn sequentially without replacement. The probability that both selected bal...
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