Question
How many nominees are allowed per bank account as per
RBI norms?Solution
As per the recent Banking Laws Amendment Bill passed in both the houses, an individual can appoint up to 4 nominees to their bank account, bank lockers, fixed deposits and recurring deposits.
The Banking which offers all types of financial products like banking, insurance, mutual funds, capital market related products, investment products, an...
Which of the following gold investment product is not regulated by SEBI?
Under the IBC, which of the following is NOT a condition for MSMEs to qualify for insolvency resolution?
Which of the following measures is used to measure the sensitivity of the option’s price to changes in the volatility of the underlying stock?
Why is written communication often preferred in organizations?
Under the revised bulk deposit guidelines for UCBs, Tier 3 and Tier 4 UCBs are allowed to raise bulk deposits only above a specific threshold. What con...
How many accounts were opened under the Jan Dhan Yojana as of August 2024?
Which of the following is not a type of pension fund in India?
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ABC Company extends credit terms of 45 days to its customers. Its credit collection would be considered poor if its average collection period was
The ------ risk arises from non-performance of the trading partners
