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.
Which of the following statements is/are correct?
I.IIT Delhi is opening its first IIT campus in Zazibar (Tanzania).
II.IIT Madras is open...
Consider the following statements about Exercise MILAN 24:
1. It is scheduled to be host by India in 2024.
2. It is a biennial multilatera...
Which of the following statements is correct regarding the RBI’s Master Direction on KYC for CPs and NCDs?
Where is the Indian folk and tribal art exhibition 'Hunar' currently being held?
The National Workshop on the National e-Vidhan Application (NeVA) is being organized by which ministry?
How many times has Prem Singh Tamang been sworn in as the Chief Minister of Sikkim as of his latest inauguration?
Where does the Indian passport rank in the 2024 Henley Passport Index, and which country holds the top position?
PM Narendra Modi to inaugurate the redeveloped Kochrab Ashram, established by Gandhi Ji after returning from South Africa, is at which place?
Consider the statements about HD 63433d:
1. Astronomers recently unveiled the discovery of this Earth-like planet.
2. It orbits a sun-like...
Which state government recently signed an MoU with the National Forensic Science University (NFSU), Gandhinagar, to establish a center of excellence in ...
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