Question
A Legal Entity Identifier is a __ character identifier
that identifies distinct legal entities that engage in financial transactions. It is developed by ____ as a key measure to improve the quality and accuracy of financial data systems for better risk management.Solution
Reserve Bank of India has made Legal Entity Identifier (LEI) code mandatory for all market participants, other than individuals. ü The Legal Entity Identifier (LEI) is a global reference number that uniquely identifies every legal entity or structure that is party to a financial transaction, in any jurisdiction. ü Legal Entity Identifier India Ltd (LEIL) (only LOU of India), subsidiary of The Clearing Corporation of India Ltd, will assign LEIs to any legal identity including but not limited to all intermediary institutions, banks, mutual funds, partnership companies, trusts, holdings, special purpose vehicles, asset management companies and all other institutions being parties to financial transactions. ü LEI will be assigned on application from the legal entity and after due validation of data. For the organization, ü LEI will · Serve as a proof of identity for a financial entity · Help to abide by regulatory requirements · Facilitate transaction reporting to Trade Repositories 
Source: Legal Entity Identifier India ltd . ü LEI is a 20 character global reference number conceived by G20 that uniquely identifies every legal entity or structure that is party to a financial transaction, in any jurisdiction. ü Internationally LEI is implemented and maintained by Global Legal Entity Identifier Foundation.
A container holds milk and water in the ratio 5:3. After 24 litres of milk is added, the milk becomes
320 ml of mixture ‘A’ contains milk and water in the ratio 3:7 respectively. If the quantity of milk in mixture ‘B’ is 37.5% more than that in m...
A mixture contains alcohol and water in ratio 5:3. If 16 liters of mixture is removed and replaced with water, the new ratio becomes 1:1. Find the initi...
- The ratio of milk to water is 1:2. When 1 litre of milk and 1 litre of water are added, the new ratio becomes 2:3. Find the initial quantity of the mixture...
- 720 ml of a mixture contains milk and water in the ratio 5:4. If `x` ml of milk and `(x - 40)` ml of water are added, the new ratio becomes 7:6. Find the v...
A 30-litre mixture consists of milk and water in the ratio of 5:7. To this mixture, 2.5 litres of milk and 4.5 litres of water are added. How much more ...
- A factory has a 720-litre solution of acid and water mixed in a 5:4 ratio. If 30% of this solution is removed and replaced with an equal amount of water, w...
A 20 L solution contains 30% sugar. How much water should be added to make the sugar 20% of the new solution?
A container has 40 litres of a solution which contains 25% acid. How many litres of a 50% acid solution must be added so that the resulting mixture has ...
A mixture contains 90 litres milk and rest is water. When 30 litres milk and 18 litres water is added to the mixture, the ratio of milk to water become...
