UPSC

NON – BANKING FINANCIAL COMPANY: UPSC Daily Important Topic | 8 May 2023

NON – BANKING FINANCIAL COMPANY. ✓Bank is a financial institution engaged primarily in mobilising deposits and forwarding loans. ✓ Banks are regulated by the Central bank of the country—in case of India, the RBI (Reserve Bank. ✓ Another category of financial institution—the non-bank—is almost similar in its functions but main difference (though, highly simplified) being […]

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CA

9 May 2023 Current Affairs – The Day’s Top News | GKSERIES

Current Affairs is the most important area in all competitive exams. But the difficulty level is very high. That’s why; many aspirants get confused, how to select Current Affairs for Preparation of Competitive Examination? In this Post, Daily Current Affairs 9 May 2023, we have tried to cover each and every point and also included all important facts from

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upsc

What are the Initiatives to Tackle Drug Addiction?: UPSC Daily Important Topic |7 May 2023

What are the Initiatives to Tackle Drug Addiction? ▪ The Narco  Coordination Centre (NCORD) was constituted in 2016 and the scheme of “Financial Assistance to States for Narcotics Control” was revived. ▪ Seizure Information Management System will create a complete online database of drug offences and offenders. ▪ National Drug Abuse Survey to measure trends

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daily quiz

Global card transaction company Visa has launched a new feature in India that allows users to make online payments without the need for CVV number. Visa’s CVV-free service in India does not require __ for the two-factor authentication process.

(a) 16 digit card number (b) CVV number (c) any other card details (d) all of the above Ans.(d) Sol. Visa’s new CVV-free service for tokenised cards in India uses a two-factor authentication process that does not require the 16-digit card number, the CVV number, or any other card details. This enhances security and reduces

Global card transaction company Visa has launched a new feature in India that allows users to make online payments without the need for CVV number. Visa’s CVV-free service in India does not require __ for the two-factor authentication process. Read More »

daily quiz

In the context of wire transfers, who are Regulated Entities (RE)?

(a) Financial institutions that receive wire transfers (b) Financial institutions that initiate wire transfers on behalf of the originator (c) the person who initiates the wire transfer (d) the person who receives the wire transfer S5. Ans.(b) Sol. Ordering regulated entities (REs) are financial institutions that initiate wire transfers on behalf of the originator.

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