Question
All single payment transactions of Rs. ______ crore and
above undertaken by entities (non-individuals) should include remitter and beneficiary LEI information.Solution
All single payment transactions of ₹50 crore and above undertaken by entities (non-individuals) should include remitter and beneficiary LEI information. This is applicable to transactions undertaken through the NEFT and RTGS payment systems. In case of RTGS, both customer payment and inter-bank transactions, meeting the above criterion, should include LEI information.
Who is the author of the recently released “MODI@20: Dreams Meet Delivery” book?
In which year were Economic Reforms launched in India?
Which sector contributes the most to India's GDP?
In which of the following countries, scientists have discovered the remains of ‘Wilson’s little Penguin’?
Which one of the following is not one of the main objectives of the (Special Economic Zones Act) SEZ Act 2005?
What does the “C” stand for in LCR?
What does 'VAT' stand for in the context of taxation?
What does 'SLR' stand for in the context of banking regulations?
_________ will assume office as president of the Financial Action Task Force (FATF) on July 1 and will serve a fixed two-year term.
NPS for traders provide a monthly minimum assured pension of what amount after attaining the age of 60 years?
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