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.
Who is the author of the book ‘The Struggle is my Life’?
First destroyer of Indian Navy Decommissioned in 2021?
SEBI has restructured its advisory committee on market data that recommends policy measures pertaining to areas like securities market data access and p...
In which of the following languages is ‘Childhood Days - A Memoir’ by Satyajit Ray written?
Paytm Payments Bank Ltd became the largest and fastest-growing UPI beneficiary bank in India. It becomes the first beneficiary bank in the country to ac...
What is the full form of CERT-In?
Who authored the book titled "Introduction to Bitcoin"?
Who is the author of the recently released book -'To the Brink And Back- India's 1991 story'
Who is the author of the book 'Iqbal: The Poet and His Message'?
Recently IRDAI has organized it’s first hackathon— Bima Manthan 2022 — with the theme of this hackathon?
Relevant for Exams:
