Question
Under RBI’s KYC Directions, which category of bank
account is permitted to be opened with simplified documentation (relaxed KYC norms), subject to restrictions on balance and transaction limits?Solution
• RBI permits opening of Small Accounts with relaxed KYC requirements, mainly to promote financial inclusion. • Such accounts can be opened with only a self-attested photograph and signature/thumb impression (no full KYC initially). • However, they come with restrictions: o Maximum balance: ₹50,000 at any time. o Aggregate credits: Not more than ₹1,00,000 in a year. o Aggregate withdrawals/transfers: Not exceeding ₹10,000 in a month. • To continue operating beyond 12 months, the account holder must complete full KYC.
The HCF of two numbers is 72, and their LCM is 2160. What is the sum of the numbers?
- The LCM of two numbers is 150, and the numbers are in the ratio 2:5. What will be the sum of the numbers?
Find the least number of equal sizes square tiles which can be fitted in a rectangular room whose sides are 360 m and 480 m?
- Find the least common multiple of (48/64), (36/54), and (24/72).
If total number of factors of 1,575 is 'x', then find the value of (x - 3) (x + 9).
The least common multiple (LCM) of two numbers is 22 times their highest common factor (HCF). One of the numbers is 132, and the sum of the HCF and LCM ...
If total number of factors of 2,520 is 'y', then find the value of (y - 4)(y + 6).
Find the HCF and LCM of 24, 36 and 60.
Find the HCF of 245, 350 and 385.
Two numbers are in the ratio 2:7. The product of their H.C.F. and L.C.M. is 5054. The sum of the numbers is: