CA - 11 Flashcards
What are some of the mandatory requirements for SROs under the framework?
Grievance redressal mechanism for members
Non-discriminatory fee structure
Annual report submission to RBI within 3 months of financial year end
Submission of periodic/ad-hoc reports as required by RBI
What is the legal structure mandated for SROs?
Not-for-profit company registered under Section 8 of the Companies Act, 2013
What is the benefit of SROs according to the RBI?
SROs improve regulatory effectiveness by leveraging industry expertise and providing technical/practical insights for policy development.
Which three companies collaborated to launch the new contactless payment smartwatch?
Airtel Payments Bank, Noise, and Mastercard
How much does the new smartwatch cost?
Rs 2,999
How can customers with an Airtel Payments Bank savings account purchase the smartwatch?
Through the Airtel Thanks app
What is the daily payment transaction limit using the smartwatch?
Between Rs 1 and Rs 25,000
Besides contactless payments, what other features does the smartwatch have?
1.85-inch square dial
Bluetooth calling capability
Up to 10 days battery life
How many new Madhya Pradesh sites were added to the UNESCO tentative World Heritage List in March 2024?
6
How many total Madhya Pradesh sites are now on the UNESCO tentative World Heritage List?
10 (including the 6 added in March 2024)
How many Madhya Pradesh sites are already on the permanent UNESCO World Heritage List?
3 (Khajuraho Group of Monuments, Buddhist Monuments of Sanchi, Rock Shelters of Bhimbetka)
List some of the new Madhya Pradesh sites added to the UNESCO tentative World Heritage List in March 2024.
Gwalior Fort
Historical Dhamnar rock-cut caves
Bhojeshwar Mahadev Temple in Bhojpur
Rock art site of Chambal Valley
Ramnagar and Mandla Gond sites
Kundi Bhandara in Burhanpur (consider adding this one although there seems to be a typo in the passage - Kundi Bhandara might be Khooni Bhandara)
