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NBFCs which choose to outsource financial services shall, however, not outsource core management functions including Internal Audit, Strategic and Compliance functions and decision-making functions such as determining compliance with KYC norms for opening deposit accounts, according sanction for loans (including retail loans) and management of investment portfolio. However, for NBFCs in a group/ conglomerate, these functions may be outsourced within the group subject to compliance with relevant instructions. Further, while internal audit function itself is a management process, the internal auditors can be on contract.
Select the correctly punctuated sentence from the options below.
Choose the correct combination of grammatically incorrect sentences
I. The ongoing conflict between Israel and Palestine, which has claimed hu...
Without any exaggeration, the provision will ensure that legislators (keep a voice) in finalizing the terms and conditions of the agreement.
Select the correctly punctuated sentence from the options below.
Wealth creators are essential for money to distributed in the economy.
The cost of the apples _____high (form of ‘be’)