Which of the following conditions are true with regard to issuance of debit cards by IBUs (international Banking Units)
(i) IBUs may issue Debit cards to their customers holding a Current or Savings account with them
(ii) Withdrawal of cash in IFSC, using Debit cards issued by IBUs, is not permitted
(iii) Withdrawal of cash using Debit cards issued by IBUs, in jurisdictions outside IFSC, is also not permitted
(iv) Debit cards issued by IBUs to a person resident in India shall not be used for accessing funds (through whatever means) from the bank accounts, if any, held by such person in the domestic territory
Conditions for issuing Debit card by IBUs i. IBUs may issue Debit cards to their customers holding a Current or Savings account with them. ii. Withdrawal of cash in IFSC, using Debit cards issued by IBUs, is not permitted. Withdrawal of cash using Debit cards issued by IBUs, in jurisdictions outside IFSC, is permitted subject to the rules and regulations of the said jurisdiction. iii. All other transactions including making online payments, undertaking PoS transactions, funds transfer etc. using Debit cards issued by IBUsis permitted. iv. Debit cards issued by IBUs to a person resident in India shall not be used for accessing funds (through whatever means) from the bank accounts, if any, held by such person in the domestic territory. v. IBUs shall ensure that transactions permitted to be undertaken through Debit cards issued to persons resident in India are compliant with the requirements of the Foreign Exchange Management Acr,1999
In 2013, the amount becomes Rs 28,700 after 8 years, find the rate of interest.
What is the ratio of the total number of all persons who attended the workshop in 2013 and the number of Engineers who attended the workshop in 2012 and...
If 4 kg Almonds, 6 kg of Cashew and 5 kg of Apricot are sold, then what be the final profit/loss% (approximate) on selling these given transportation co...
If the percentage of profit on selling Almonds is 25%, then what is its cost of packaging?
If the total number of Doctors who attended the workshop in 2014 is one-third of the number of Doctors who attended the workshop in 2016, then What is t...
What is the total number of staff members in Pune and Dehradun who work in Loan department?
Suppose all the prices are given for per kg of a Dry fruits. What amount of Raisins will have to added to 42 kg of Apricot such that the resultant mixtu...
If number of staff members in Patna is 10% less than number of staff members in Chandigarh,in which city the total staff members who work in Credit depa...
What is the difference between the selling price of Raisins and Cashew, if the cost of transportation of cashew is Rs. 40?
In 2014, if rate of interest is increased by 3%, what will be the amount received after given time?