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Start learning 50% faster. Sign in nowInclusion of an effective mechanism to monitor end use of funds Explanation: The key amendment in the provision is the inclusion of a requirement for card-issuers to put in place an effective mechanism to monitor the end use of funds for business credit cards issued to business entities/individuals for business expenses.
A collateralized borrowing and lending obligation (CBLO) is a money market instrument that represents an obligation between a borrower and a lender as t...
Which country's parliament is called the Shora?
What is the primary focus of the NPS Vatsalya scheme to be launched by the Union Finance Minister on September 18, 2024?
Which Indian state is set to receive a USD 162 million loan from the Asian Development Bank (ADB) to support tourism development projects?
Ustad Ali Ahmed Hussain Khan, who passed away recently was a famous:
Which mobile payment company recently got Prepaid Payment Instrument (PPI) license from RBI
What is India's rank in list of wealthiest countries released by New World Health?
In Uttarakhand, the Pradhan Mantri Krishi Sinchai Yojana (PMKSY) receives _______ percent of its funding from the central government
Which of the following land settlement systems adopted by the English provided greater protection to the interests of farmers?
In which state is the ‘Kakrapar Atomic Power’ plant located?