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.
A device that helps to prevent congestion and data collision?
Which type of memory can be both read from and written to by the processor?
State true/false
Trojan works in background and steal data which is sensitive
In the context of backups, what is a retention policy?
Which property distinguishes a B+ tree from a B-tree?
Which network topology requires the highest amount of cabling?
Which of the following is lowest in memory hierarchy?
Which network layer protocol is responsible for multicasting, where a packet is sent to multiple destinations simultaneously?
What is a blockchain?
In which protocol of email the changes made on one device will not be replicated on other?
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