Question
The Reserve Bank of India advised banks to make the
Know Your Customer (KYC) procedures mandatory while opening and operating the accounts. Under section 35A of which act has the RBI issued the KYC guidelines?Solution
These guidelines are issued under Section 35A of the Banking Regulation Act, 1949 and Rule 9(1D) of Prevention of Money-Laundering (Maintenance of Records) Rules, 2005. Any contravention thereof or non-compliance shall attract penalties under Banking Regulation Act.
The Banking Ombudsman Scheme is introduced under which of the following sections in Banking Regulation Act, 1949?
Which of the following statements is not true regarding CIBIL?
What is the dual problem for given linear programming problem?
Z = Max (4x1 + 5x2 + 7x3)
s.t. 3x1 + x2 + 6x3Â <= 3
x1 + 2x2 + x...
The correlation coefficient is the________________of two regression coefficients:
...As per the Economic survey 2023-24, what has been identified as a major challenge for India's business services sector in the future?
Which of the following statement is correct?
1. If autoregressive parameter (p) in an ARIMA model is 1, it means that there ...
Suppose there is a pond with fishes and “n” number of fishermen living around it. Let a i is time spent fishing per day by player i. Thus to...
Since the 1980s, Wal-Mart stores have appeared in almost every community in America. Wal-Mart buys its goods in large quantities and, therefore, at chea...
Based on the sticky-price model, the short-run aggregate supply curve will be steeper, the greater
the_____
Calculate Disposable income:
Consumption (C) = 300
Investment (I) = 50
Government purchases (G) = 70
Government transfer pay...
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