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.
- Two years ago, the sum of the ages of 'Sonia' and 'Ayesha' was 50 years. If the ratio of their present ages is 9:16, respectively, then find the age of 'Ay...
- Ankit is 3 years younger than Rohit while Rohit is 5 years younger than Suman. If 5 years from now, the ratio of the age of Ankit and Suman will be 3:4 res...
Pawan is 8 years younger than 'Qureshi' and 8 years older than 'Raju'. The current age ratio of 'Qureshi' to 'Raju' is 3:2. What ...
Present average age of 4 friends: ‘A’, ‘B’, ‘C’ and ‘D’ is 20 years. If their ages are in the arithmetic progression in the same order a...
Ratio of ages of father and son is 3 : 1. The product of their ages is 147. What is the sum of their ages?
The average age of Mohan, his wife, his son and his daughter is 24 years. His wife is just 5 years younger than Mohan himself and his wife was 25 years ...
An item is priced 50% above its cost price. It is then subjected to two consecutive discounts of 12% and 13.5% on the marked price. Determine the overal...
The current ages of A and B are in the ratio of 8:15. Eight years ago, the ratio of their ages was 6:13. What will be the ratio of their ages 8 years f...
The ratio of the present ages of father and his son is 5:2. The product of their ages 4 years ago was 31 times of his son’s age that year. What wa...
Six years from now, Kirti's age will be twice that of her brother Kunal, but 4 years ago she was three times as old as Kunal was then. Find the present ...
Relevant for Exams:
