Residents are free to carry the foreign exchange purchased from an authorised dealer or money changer in accordance with the Rules. In addition, they can also carry up to US$ 2,000, if already held by them (see item13 above) in accordance with the Regulations.

• As indicated in the press release issued by Reserve Bank of India on May 15, 2013, IIBs would be launched on June 4, 2013 and the same would be issued on the last Tuesday of each month during 2013-14. This would also include the last Tuesday of June 2013.

Response

Yes. BSBDA holders should be offered passbook facility free of charge in line with our instructions contained in circulars RPCD.CO.RF.BC.28/07.40.06/2006-07 dated October 11, 2006 and RPCD.CO.RRB.BC.No.29/03.05.28-A/2006-07 dated October 13, 2006.

No, the Bond Ledger Accounts are not tradable.

• Existing taxation applicable to Government of India securities issued as part of the market borrowing will be applicable to these securities.

Ans. Yes

The lending institutions shall make provisions on the residual debt at the time of implementation of the Resolution Plan, as stipulated in the relevant Resolution Framework. These provisions need to be held, irrespective of changes in the outstanding balance, until the same is reversed in terms of the provisions contained in the relevant Resolution Framework.

ಹೌದು. ನಮ್ಮ ಅಕ್ಟೋಬರ್ 4, 2006ರ ಸುತ್ತೋಲೆ ಸಂಖ್ಯೆ DBOD. No. Leg. BC.32 /09.07.005 /2006-07ರಲ್ಲಿ ತಿಳಿಸಿರುವ ಸೂಚನೆಯಂತೆಬಿಎಸ್ಬಿಡಿಎ ಖಾತೆದಾರರಿಗೆ ಉಚಿತವಾಗಿ ಪಾಸ್ಬುಕ್ ಸೌಲಭ್ಯ ನೀಡಬೇಕು.

Yes. A Government securities holder may nominate any one as a nominee provided that the nominee, as an individual or institution, should be eligible to invest in the particular loan as per the specific Government Loan Notification.

At the time of making applications, the Promoters/Promoter Group will have to furnish a road map and methodologies they would adopt to comply with all the requirements of the corporate structure indicated in para 2 (C)(ii) and (iii) of the guidelines and realign the business between the entities to be held under the NOFHC [para 2(C)(iv) of the guidelines] within a period of 18 months. After the ‘in-principle approval’ is accorded by RBI for setting up of the bank, the actual setting up of NOFHC and the bank, re-organization of the Promoter Group entities to bring the regulated financial services entities under the NOFHC as well as realignment of business among the entities under the NOFHC have to be completed within a period of 18 months from the date of in-principle approval or before commencement of banking business, whichever is earlier.

On maturity, the Gold Bonds shall be redeemed in Indian Rupees and the redemption price shall be based on simple average of closing price of gold of 999 purity of previous 3 business days from the date of repayment, published by the India Bullion and Jewelers Association Limited.

Ans. LLP is a body corporate and has a legal entity separate from its partners. Therefore, if the LLP incurs/sponsors the education expense of its partners who are pursuing higher studies for the benefit of the LLP, then the same shall be outside the LRS limit of the individual partners and would instead be deemed as residual current account transaction undertaken by the LLP without any limits.

Answer: As the transactions will be settled in INR, it will reduce the exchange rate risk for the Indian exporters and importers.

No. There is no charge or fee for a customer of the RE for filing or for resolving complaints under the RB-IOS, 2021. Further, complainants need not approach any third-party agency to file a complaint with RBI Ombudsman or pay any fee. Complainants can register their complaints by themselves or through a representative through any of the modes mentioned in Question 16 absolutely free of cost.

Ans. V-CIP may be used for carrying out the following processes:

1. to undertake CDD in case of onboarding a new individual customer, proprietor in case of proprietorship firm, authorised signatories and beneficial owners in case of Legal Entity customers;
2. to convert existing account opened in non-face-to-face mode using Aadhaar OTP based e-KYC authentication; and
3. for updation/ periodic updation of KYC records of eligible customers.

Ans.: Yes, it is the amount actually received (realised) during the reference period including the billing to subsidiaries/associates abroad.

Ans: Currently, 15 banks are offering CBDC wallets. The name and the link for downloading the apps is mentioned below.

Pilot Banks	Name of the App	Android	iOS
SBI	eRupee by SBI	Android	iOS
ICICI Bank	Digital Rupee by ICICI Bank	Android	iOS
IDFC First Bank	IDFC First Bank Digital Rupee	Android	iOS
YES BANK	Yes Bank Digital Rupee	Android	iOS
HDFC Bank	HDFC Bank Digital Rupee	Android	iOS
Union Bank of India	Digital Rupee by UBI	Android	iOS
Bank of Baroda	Bank of Baroda Digital Rupee	Android	iOS
Kotak Mahindra Bank	Digital Rupee by Kotak Bank	Android	iOS
Canara Bank	Canara Digital Rupee	Android	iOS
Axis Bank	Axis Mobile Digital Rupee	Android	iOS
IndusInd Bank	Digital Rupee by IndusInd Bank	Android	iOS
PNB	PNB Digital Rupee	Android	iOS
Federal Bank	Federal Bank Digital Rupee	Android	iOS
Karnataka Bank	Karnataka Bank Digital Rupee	Android	iOS
Indian Bank	Indian Bank Digital Rupee	Android	iOS

ಉತ್ತರ. ಹೌದು. ಜುಲೈ 1,2011ರಿಂದ ಜಾರಿಗೆ ಬಂದಂತೆ , ವಿಫಲ ಎಟಿಎಮ್ ವಹಿವಾಟುಗಳ ಬಗ್ಗೆ ದೂರನ್ನು ಸ್ವೀಕರಿಸಿದ ದಿನಾಂಕದಿಂದ 7 ಕೆಲಸದ ದಿನಗಳನ್ನು ಮೀರಿದ ವಿಳಂಬಕ್ಕಾಗಿ ಗ್ರಾಹಕರ ಮೊತ್ತವನ್ನು ಮರು-ಜಮಾಮಾಡುವಲ್ಲಿನ ವಿಳಂಬಕ್ಕಾಗಿ ಪ್ರತಿ ದಿನಕ್ಕೆ ರೂ. 100ರ ಪರಿಹಾರವನ್ನು ಕಾರ್ಡ್ ನೀಡುವ ಬ್ಯಾಂಕ್ ಪಾವತಿಸಬೇಕು. ಗ್ರಾಹಕರಿಂದ ಯಾವುದೇ ಕ್ಲೇಮ್ ಅನ್ನು ಮಾಡದೇ ಪರಿಹಾರವನ್ನು ಗ್ರಾಹಕರ ಖಾತೆಗೆ ಜಮಾ ಮಾಡಬೇಕು. ಹೀಗಿದ್ದಾಗ್ಯೂ, ಗ್ರಾಹಕರು ಪರಿಹಾರಕ್ಕಾಗಿ ಅರ್ಹರಾಗಲು ವಹಿವಾಟು ಮಾಡಿದ 30 ದಿನಗಳ ಒಳಗೆ ದೂರನ್ನು ನೀಡಬೇಕಾಗುತ್ತದೆ.

Response: Yes.