Question
Which of these are covered under Regulated Entities
(RE): 1. All India Financial Institutions (AIFIs) 2. All Non-Banking Finance Companies (NBFCs),Ā 3. All Payment System Providers (PSPs)/ System Participants (SPs)Ā 4. All authorised persons (APs) including those who are agents of Money Transfer Service Scheme (MTSS), regulated by the Regulator.Solution
Regulated Entitiesā (REs) means a.all Scheduled Commercial Banks (SCBs)/ Regional Rural Banks (RRBs)/ Local Area Banks (LABs)/ All Primary (Urban) Co-operative Banks (UCBs) /State and Central Co-operative Banks (StCBs / CCBs) and any other entity which has been licenced under Section 22 of Banking Regulation Act, 1949, which as a group shall be referred as ābanksāĀ b.All India Financial Institutions (AIFIs) c.All Non-Banking Finance Companies (NBFCs), Miscellaneous Non-Banking Companies (MNBCs) and Residuary Non-Banking Companies (RNBCs). d.All Payment System Providers (PSPs)/ System Participants (SPs) and Prepaid Payment Instrument Issuers (PPI Issuers) e.All authorised persons (APs) including those who are agents of Money Transfer Service Scheme (MTSS), regulated by the Regulator.
Parts per million (ppm) is equal to
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