Question
According to the Indo-Nepal Remittance Facility Scheme,
what is the maximum number of remittances in a year?Solution
The Scheme leverages the National Electronic Funds Transfer (NEFT) ecosystem available in the country for origination of such remittances and entails a ceiling of ₹50,000 per remittance with a maximum of 12 remittances in a year. The beneficiary receives funds in Nepalese Rupees through credit to her / his bank account maintained with the subsidiary of State Bank of India (SBI) in Nepal, i.e., Nepal SBI Bank Limited (NSBL) or through an agency arrangement.
The RBI has allowed international trade settlement in rupees for which AD banks need to open ____________, in terms of Regulation 7(1) of Foreign Exchan...
If the intrinsic value of a share is less than the market price, which of the following is most reasonable to assume?
Which of the following is not done by a critical path network diagram?
As per the current FDI policy, the foreign shareholding in private sector banks is allowed up to?
Compute M2 supply of money from the following data:
Rupee revenue stamp is used for which amount in India?
If an employee does not make an intimation to their employer about their selection regarding the tax regime, the employer will:
According to the IFSCA Regulations 2024, the Board may establish sub-committees. What is the main purpose of these sub-committees?
In the banking parlance, CTS stands for –
A company manufactures a single product for which cost and selling price data are as follows:
Selling price per unit - Rs. 12
Variable cos...
