Get Started with ixamBee
Start learning 50% faster. Sign in now
Reserve Bank of India has published directions to the banks and NBFCs (Non Banking Financial Corporations) for issuance of credit and debit cards. These guidelines will be effective from July 1, 2022, the guidelines apply to all the banks excluding payment banks, state co-operative banks, and district central co-operative banks. Apart from the banks, NBFCs which have been permitted by RBI to issue credit cards, will also have to follow the guidelines. A company’s board would also need to give its nod for the issuance and conduct of credit cards, and an audit Committee also needs to be set up to review their credit card operations on a half-yearly basis. KYC norms as issued by RBI from time to time, also need to be strictly adhered to in respect of all cards issued, including the co-branded cards. Scheduled Commercial Banks (SCBs) with net worth of Rs 100 crore and above are permitted to undertake credit card business either independently or in tie-up arrangement with other card issuing banks/NBFCs with the approval of their Boards. A NBFC registered with the RBI shall not undertake credit card business without prior approval of the RBI.
A company wants to analyze customer reviews by categorizing them as “Positive,” “Neutral,” or “Negative.” What type of data are these catego...
Which of the following statements correctly differentiates between continuous and categorical data?
Why is sampling commonly used in data analysis, especially when dealing with large datasets?
Which IoT communication protocol is lightweight and optimized for constrained devices?
Which method helps to reduce bias when creating a sample from a population for analysis?
Which of the following SQL commands is classified as a Data Definition Language (DDL) command?
Why is sampling often preferred over using the entire population for data analysis?
You are working on a customer churn analysis project. Your objective is to predict which customers are likely to leave the service in the next quarter. ...
In time series forecasting, what is the primary role of the ARIMA model ?
In Excel, you want to summarize sales data by region and product category, displaying the sum of sales for each combination. Which feature should you us...
