Question
Approximately what share of investment advisors had not
secured Valid UPI handles at rollout, according to the note?Solution
The rollout encountered friction: about one-quarter of investment advisors had yet to obtain Valid UPI handles. Reported causes included record mismatches, banks’ limited awareness, missing banks on the approved list, and names not appearing on SEBI’s SI portal, which led to application rejections. Banks additionally mandated current accounts for fee collection, adding a compliance step; BSE escalated follow-ups with intermediaries and banks.
What are two methods by which Credit Risk can be measured by?
Which of the following is not a Pillar concept of Basel accords?
Which of the following statements about life insurance in India is/are incorrect?
1) The Life Insurance Corporation of India (LIC) was establi...
Under the MSME-Innovative scheme, what is the maximum percentage of financial assistance provided by the Government of India for design projects underta...
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Under the SARFAESI Act a who can enforce the security interest created in his favour without the intervention of the Court or Tribunal?
What is the primary regulatory body responsible for overseeing financial institutions in Hong Kong?
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Consider the following statements regarding Central Bank Digital Currency (CBDC):
1)Â Â Â RBI has launched pilots of CBDC in the Retail segme...
Which term refers to the written statement that outlines the qualifications, experience, training, and skills required for performing a specific job in ...