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.
Which of the following forms a part of National Agricultural Research System (NARS), aimed at assessment of location specific technology modules in agri...
A collection of plasmid clone containing recombinant DNA molecules so that the sum total of DNA insert represent the entire genome of the concerned org...
An element has 8 electrons in its valence shell. Which of the following statements is correct?
Sodium is known to increase yield of which crop?
The planting of succeeding crop before the harvesting of standing crops is:
c
Pusa Nanha Variety of papaya is developed by ……………
Which of the following is not matched correctly?
Normal lapse rate i.e. the rate at which an atmospheric temperature in Earth's atmosphere, falls with altitude is _____
Food and Agriculture Organization with its HQ at Rome was found in the year ___
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