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.
Which state received first prize from center for implementation of e-tendering process?
______________ committee has recommended that NRIs who harass or desert their wives could face cancellation of passport.
Who was appointed as the new CEO of Twitter in 2023?
The Krishna Raja Sagar Dam is constructed on which river?
Bandipur National Park is located in which Indian state?
Sulochana Chavan passed away at the age of 92 years she was famous?
Recently Coast Guards of India and their Japanese counterpart conducted joint naval exercise near:
The currency of Thailand is:
National Investment and Infrastructure Fund (NIIF) was created to enhance infrastructure funding with a corpus of:
Koradi power plant is located in-Â
