Question
Which Act lays down provisions related to KYC
norms?Solution
Section 11A. Verification of Identity by Reporting Entity—(1) Every Reporting Entity shall verify the identity of its clients and the beneficial owner, by— (a) authentication under the Aadhaar (Targeted Delivery of Financial and Other Subsidies, Benefits and Services) Act, 2016 (18 of 2016) if the reporting entity is a banking company; or (b) offline verification under the Aadhaar (Targeted Delivery of Financial and Other Subsidies, Benefits and Services) Act, 2016 (18 of 2016); or (c) use of passport issued under section 4 of the PassportsAct, 1967 (15 of 1967); or (d) use of any other officially valid document or modes of identification as may be notified by the Central Government in this behalf.
Almost the country is yet to significantly transform to renewable energy, accounting only 22.5% of nationwide electricity production, India has been ta...
Improve the bold part.
The new regulations require that every applicant submits their documents before the deadline.
Identify the sentence in which the given phrasal verb is used INCORRECTLY .
Carry on
A. The captain announced that the ship woul...
Of the four given options, choose the most appropriate one.
In the given question a phrase of the sentence is printed in bold which needs to be improved. Among the given options choose the option that can impro...
She was very excited to finally meet her old friend after such a long time, but her feelings were hardly to describe.
- Select the most appropriate option to substitute the bold segment in the given sentence.
Ravi strained each nerve to complete the project before th... Which of the phrases A, B, C and D given below each sentence should replace the word/phrase printed in bold in the sentence to make it grammatically co...
The reason why a 15-day rolling average is taken to fix prices is insulating domestic consumers from extreme volatility in international prices.
...In the following questions, sentences are given with a part in bold. The given phrase in bold may or may not contain an error. If phrase has error, one...
