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.
With reference to Dr B.R Ambedkar, consider the following statements:
1.   He was the Chairman of the Drafting Committee.
2.   He ...
Which dynasty is considered to have started the Syalde Bikhoti Fair in Almora?
Where is the Shompen tribe primarily located?
______ has sold its 14.50% stake in its subsidiary through an IPO.Â
On 24th May 2023, how many modern diesel locomotives were handed over to Bangladesh by Union Railway Minister Ashwini Vaishnaw?
What were the royal bodyguards called during the Sultanate period?
How much total funding was sanctioned under SASCI for PM Ekta Malls in FY 2023–24?Â
The Gandhi Peace Prize for 2021 will be awarded to which organization known for its extensive publication of religious texts like the Bhagavad Gita, the...
When is World Braille Day observed?
Which pair became the first Indian men's doubles pair to secure a medal at Badminton Asia Championships 2023 in Dubai?
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