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Who invented KYC?
the Reserve Bank of India KYC norms were introduced in 2002 by the Reserve Bank of India. It directed all banks and financial institutions to put in place...
Category: General
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What do you mean by normative theory?
normative theory Hypotheses or other statements about what is right and wrong, desirable or undesirable, just or unjust in society. The majority of sociol...
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What is a banner in coding?
BANNER is a tag from HTML 3.0 that allows a document to create a non-scrolling area on the screen, and display arbitrary HTML markups within this area. A ...
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What is the basis of demand?
The answer is that the good that he is willing to buy satisfies his want. And this utility or the expected satisfaction that he will get from using that g...
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What role does politics play in shaping the fiscal and monetary policy?
What role does politics play in shaping these policies? Monetary policies refer to actions that shape the economy by influencing interest rates and the su...
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What is Chanel best known for?
Fashion designer Coco Chanel is famous for her timeless designs, trademark suits and little black dresses. In the 1920s, she launched her first perfume an...
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What does a independent trader mean?
If you are self-employed then this means you work for yourself, and not for an employer. A sole-trader is a self-employed person, but they are the sole ow...
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What is the purpose of the operations section?
Purpose & Objectives Determine risk factors for disease and identify susceptible populations. Determine and implement effective strategies to contain ...
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What are the disadvantages of accounting information system?
The main disadvantages of Accounting Information System (AIS) are: Initial Cost of Instalment and Traning – While we discussed that an AIS is cost-effecti...
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How the national budget is prepared in the Philippines?
Four phases comprise the Philippine budget process, specifically: (1) Budget Preparation; (2) Budget Legislation; (3) Budget Execution; and (4) Accountabi...
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What happens if I dont pay my short term loan?
A payday loan default can lead to bank overdraft fees, collections calls, damage to your credit scores, a day in court and garnishment of your paycheck. I...
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Which is not the correct disadvantages of staff organization?
Confusion Confusion is another drawback of line and staff organization. Confusion is created due to lack of proper delegation of responsibility between li...
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What happens if gross profit decreased?
Gross profit is simply revenue minus costs of goods sold. Declining gross profit margin is a significant problem for a for-profit business. Understanding ...
