New RBI Grade B 2025 Notification will come Soon! Enroll Here

    Question

    How must entities with multiple lines of business (LoBs)

    granted by IFSCA complete their registration on the FIU-IND FINNET 2.0 Portal as per the March 2024 circular?
    A Each LoB must be registered separately Correct Answer Incorrect Answer
    B Only the primary LoB needs to be registered Correct Answer Incorrect Answer
    C Register only if the revenue exceeds USD 1 million Correct Answer Incorrect Answer
    D Submit a unified registration for all LoBs Correct Answer Incorrect Answer
    E No registration is required for multiple LoBs Correct Answer Incorrect Answer

    Solution

    Entities with multiple lines of business (LoBs) granted by IFSCA must register each LoB separately on the FIU-IND FINNET 2.0 Portal .

    Practice Next