Which of the following safeguards are incorporated in Kisan Vikas Patra to prevent money laundering?
1. Upper investment limit is Rs. 10 lakh for an individual.
2. Person has to provide copy of PAN card for investment of Rs. 50,000 or more.
3. Person has to disclose source of income, if investment more than Rs. 10 lakhs.
4. No account can be opened without UID-Aadhar card.
A. Only 1 and 2
B. Only 2 and 3
C. Only 1 and 3
D. All of them
Answer: Option B
Related Questions on Banking and Financial Institutions
A. 1, 2 and 3
B. 2, 3 and 4
C. 1, 2 and 4
D. 1, 2, 3 and 4
The coverage of Right to Information Act (RTI), 2005 is:
A. Whole of India
B. Whole of India, except North Eastern States
C. Whole of India, except the State of Jammu & Kashmir
D. None of the above
Second generation reforms in our country do not comprise of which one of the following?
A. Exploiting the knowledge based global economy
B. Growing Indian transnational corporations
C. Population control measures
D. Clean environment
Join The Discussion