Question
What is the new maximum penalty limit set by RBI for
FEMA violations?Solution
Under the updated provisions of the Foreign Exchange Management Act (FEMA) , the RBI has capped penalties for violations at a maximum of ₹2 lakh , replacing the earlier system that calculated fines as a percentage of the violation amount .
Consider the following statements about Central Bank of India.
I. It was established in 1911.
II. Its headquarters is in Kolkata.
I...
What major announcement was made at the Digital India future SKILLS Summit, and where was the summit held?
Narotam Sekhsaria is the author of the biography?
ToneTag, a voice-based commerce and payments solution provider has launched payment infrastructure named CUSP for digital payments like central bank...
Mortgage financier HDFC has picked up 14.9 million shares of HDFC Life Insurance Company for over _______ through an open market transaction.
Who among the following was awarded the Kirti Chakra in 2025?
How many Scheduled Languages, excluding English, are supported by the ECINET digital platform?
Which of the following statements are correct regarding the Global Minimum Tax deal?
I. It aims to ensure that big companies pay a minimum tax ...
In response to the AI safety challenges, which two countries agreed to jointly develop tests for advanced AI models in 2024?Â
What does V stand for in PM VIKAS Scheme?
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