• Exclusive series for retail investors would be launched in the second half of the current fiscal year (around October 2013).

No. There is no value limit on the amount of individual transactions that can be collected by ECS Debit.

Taking personal jewellery out of India is governed by Baggage Rules framed under Export-Import Policy by the Government of India. No approval of Reserve Bank is required in this case.

In terms of sub-section 4, of Section (6) of the Foreign Exchange Management Act, 1999, a person resident in India is free to hold, own, transfer or invest in foreign currency, foreign security or any immovable property situated outside India if such currency, security or property was acquired, held or owned by such person when he was resident outside India or inherited from a person who was resident outside India.

RBI will issue securities only in demat (SGL) form. It will credit the securities to the CSGL account of the bank/PD .

Yes. Whenever the due dates fall on Saturday/Sunday/non-business working day/holidays banks are permitted, to pay interest on NRE and FCNR(B) deposits at the originally contracted rate for the intervening period between the due date and date of payment so that no interest loss is suffered by the depositors.III. Advances

Yes. Companies, which are under the investigation by the Enforcement Directorate or are in the Reserve Bank’s caution/defaulters list, are not eligible to make investment under the automatic route.

The various quantity conditions available are as under:

1. Normal: By default the amount type will be Normal. A Normal order can get partly traded.
2. Disclosed: Disclosed Amount is the part of order amount (In Rs. Crore) which the User is willing to disclose to the market. This is an optional field.
3. All or None (AON): By selecting this option, a User specifies that all of the order should be traded in full i.e. no partial trades, should be allowed. This is an optional field.

The various time conditions available are as under:

4. Day: Under this time condition, order would remain valid throughout the validity of the trading session. It will be available for trade till session close. By default Time Condition - Day is selected.
5. IOC (Immediate or Cancel): If a User wishes his order to be traded immediately, then he could select IOC. Under this condition, when an IOC order is placed, the order would seek for an immediate match, if found it results into a trade; else the IOC order would get cancelled.
6. GTT (Good Till Time): Here while placing an order, the User could mention the time up to which the order would be valid and available for trade. Once the User specified order expiry time has been reached the order would get cancelled.

Ans: The FAQs on “Legal Entity Identifier (LEI) for Large Value Transactions in Centralised Payment Systems” on the RBI website at /en/web/rbi/faq-page-2?ddm__keyword__26256231__FaqDetailPage2Title_en_US=Legal Entity Identifier (LEI) for Large Value Transactions in Centralised Payment Systems can be referred to.

Ans. The salient features of Gift PPIs are as follows:

1. Maximum value of each such prepaid gift instrument shall not exceed ₹10,000/-;

2. Are not reloadable;

3. Cash-out or fund transfer is not permitted. However, the funds may be transferred ‘back to source account’ (account from where Gift PPI was loaded) after receiving consent of the PPI holder;

4. Shall be revalidated (including through issuance of new instrument) as and when requested by the PPI holder; and

5. The Additional Factor of Authentication (AFA) / Two Factor Authentication (2FA) for transactions using Gift PPIs is not mandatory.

Response

BSBDA does not envisage cheque book facility in the minimum facilities that it should provide to BSBDA customers. They are free to extend any additional facility including cheque book facility free of charge (in which case the account remains BSBDA) or charge for the additional facilities (in which case the account is not BSBDA).

• The application form can be downloaded from the RBI’s website. However, banks shall also get forms printed and made available to the investors.

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.

Ans. A resident individual is permitted to make a rupee loan to a NRI/PIO who is a close relative of the resident individual (‘relative’ as defined in Section 2(77) of the Companies Act, 2013) by way of crossed cheque/ electronic transfer subject to the following conditions:

(i) The loan is free of interest and the minimum maturity of the loan is one year.

(ii) The loan amount should be within the overall LRS limit of USD 2,50,000, per financial year, available to the resident individual. It would be the responsibility of the lender to ensure that the amount of loan is within the LRS limit of USD 2,50,000 during the financial year.

(iii) The loan shall be utilised for meeting the borrower's personal requirements or for his own business purposes in India.

(iv) The loan shall not be utilised, either singly or in association with other person, for any of the activities in which investment by persons resident outside India is prohibited, namely;

1. the business of chit fund, or

2. Nidhi Company, or

3. agricultural or plantation activities or in real estate business, or construction of farmhouses, or

4. trading in Transferable Development Rights (TDRs).

Explanation: For the purpose of item (c) above, real estate business shall not include development of townships, construction of residential / commercial premises, roads or bridges.

(v) The loan amount should be credited to the NRO a/c of the NRI /PIO. Credit of such loan amount may be treated as an eligible credit to NRO a/c.

(vi) The loan amount shall not be remitted outside India.

(vii) Repayment of loan shall be made by way of inward remittances through normal banking channels or by debit to the Non-resident Ordinary (NRO)/ Non-resident External (NRE) / Foreign Currency Non-resident (FCNR) account of the borrower or out of the sale proceeds of the shares or securities or immovable property against which such loan was granted.

When a Government security is lost, stolen, destroyed, mutilated or defaced, then the investor(s) may apply to RBI for issue of a duplicate GPN or SC in terms of Regulations 11 and 13, respectively, of GS Regulations.

In case of premature redemption, investors can approach the concerned bank/SHCIL offices/Post Office/agent thirty days before the coupon payment date. Request for premature redemption can only be entertained if the investor approaches the concerned bank/post office at least one day before the coupon payment date. The proceeds will be credited to the customer’s bank account provided at the time of applying for the bond.

Ans: The entity receives a system-generated acknowledgement mail of ITES data submitted at the time of final processing itself. No separate mail will be sent in this regard.

Yes, the conciliation meeting can be held virtually either through the Video Conferencing facility of RBI, for which one may have to visit the nearest RBI Office, or from any nearby branch of the concerned bank or through platforms like WebEx etc. in consultation with the RBI Ombudsman office, and subject to the requirement given by the Office of RBI Ombudsman. Audio Conference calls are also possible.

DPSS. CO.CHD. No. 274/03.01.02/2012-13, ದಿನಾಂಕ ಆಗಸ್ಟ್ 10,2012ರಲ್ಲಿ
ಬಿಎಸ್ಬಿಡಿಎಯು ಕನಿಷ್ಠ ಸೌಲಭ್ಯನೀಡುವಾಗ ಬಿಎಸ್ಬಿಡಿಎ ಗ್ರಾಹಕರಿಗೆ ಚೆಕ್ಬುಕ್ ಸೌಲಭ್ಯ ನೀಡುವುದನ್ನು ಅಂದಾಜಿಸಿಲ್ಲ. ಬ್ಯಾಂಕುಗಳು ಚೆಕ್ಬುಕ್ ಸೌಲಭ್ಯದಂತಹ ಯಾವುದೇ ಸೌಲಭ್ಯವನ್ನು ಉಚಿತವಾಗಿ [ಆಗ ಖಾತೆಯು ಬಿಎಸ್ಬಿಡಿಎ ಆಗಿ ಉಳಿಯುತ್ತದೆ] ನೀಡಲು ಅಥವಾ ಹೆಚ್ಚಿನ ಸೌಲಭ್ಯಕ್ಕೆ ಶುಲ್ಕ ವಿಧಿಸಲು [ಆಗ ಖಾತೆಯು ಬಿಎಸ್ಬಿಡಿಎ ಆಗಿರುವುದಿಲ್ಲ] ಸ್ವತಂತ್ರರು.

Ans. The requirement of KYC documents depends on the modes used for periodic updation of KYC as detailed in the reply to Q 24, above.

1. In case of change in the KYC information, the customer has to provide the documents as mentioned in the reply to Q 5 above;
2. In case of no change in KYC information, the customer can provide a self-declaration. Similarly, a self-declaration in case of change only in address can also be provided by the customer to RE as detailed in reply to Q 24 above.
3. In case of Aadhaar OTP-based e-KYC authentication facility in non-face-to-face mode, the customer can provide a declaration of the current address even if the current address is different from the address in Aadhaar database. However, RE shall ensure that mobile number for Aadhaar authentication is same as the one available with it in the customer’s profile, in order to prevent any fraud.
4. In case of use of V-CIP for completing re-KYC, the requirements shall be as per paragraph 18 of the Master Direction on KYC, which include identification and verification of the identity using (i) Aadhaar OTP based e-KYC authentication in non-face-to-face mode; (ii) offline verification of Aadhaar; (iii) KYC records downloaded from CKYCR; and (iv) equivalent e-documents including documents issued through DigiLocker.

ಉತ್ತರ. ಕಾರ್ಡ್ ಕಳೆದು ಹೋಗಿರುವುದು/ಕಳ್ಳತನವಾಗಿರುವುದು ಗಮನಕ್ಕೆ ಬಂದ ತಕ್ಷಣ ಗ್ರಾಹಕರು ಕಾರ್ಡ್ ನೀಡುವ ಬ್ಯಾಂಕ್ ಅನ್ನು ತಕ್ಷಣ ಸಂಪರ್ಕಿಸಬೇಕು ಹಾಗೂ ಕಾರ್ಡ್ ಅನ್ನು ಬ್ಲಾಕ್ ಮಾಡಲು ಬ್ಯಾಂಕ್ಗೆ ವಿನಂತಿಸಿಕೊಳ್ಳಬೆಕು.

Ans: There are two ongoing use cases of e₹-W, (i) funds settlement of secondary market transactions in Government Securities, and (ii) settlement of inter-bank lending and borrowing in call money market. Settlement in central bank money is expected to reduce transaction costs by pre-empting the need for settlement guarantee infrastructure or for collateral to mitigate settlement risk and benefitting from the programmability and smart contracts functionalities of e₹-W.

ಸುತ್ತೋಲೆಯ ದಿನಾಂಕ ಆಗಸ್ಟ್ 10, 2012ರಿಂದ ಪ್ರಸ್ತುತದ ಎಲ್ಲ 'ನೊ-ಫ್ರಿಲ್ಸ್' ಖಾತೆಗಳನ್ನು ಬಿಎಸ್ಬಿಡಿಎ ಖಾತೆಗಳೆಂದು ಪರಿಗಣಿಸಬಹುದು ಮತ್ತು ಬ್ಯಾಂಕುಗಳು ಸುತ್ತೋಲೆಯಲ್ಲಿ ನಿಗದಿಸಲ್ಪಟ್ಟ, ಎಟಿಎಮ್ ಕಾರ್ಡ್ ಮುಂತಾದ ಸೌಲಭ್ಯಗಳನ್ನು ಪ್ರಸ್ತುತದ 'ನೊ-ಫ್ರಿಲ್ಸ್' ಖಾತೆದಾರರಿಗೆ ಗ್ರಾಹಕರು ಬ್ಯಾಂಕಿಗೆ ಸಂಪರ್ಕಿಸಿದಾಗ ನೀಡಬಹುದು. ಆದರೆ ನಮ್ಮ ಸುತ್ತೋಲೆ ನೀಡಿದ ಬಳಿಕ ಗ್ರಾಹಕರು ತೆರೆದ ಹೊಸ ಖಾತೆಗಳಿಗೆ ನಿಗದಿಸಲ್ಪಟ್ಟ ಸೌಲಭ್ಯಗಳನ್ನು ಖಾತೆ ತೆರೆದ ತತ್ಕ್ಷಣವೇ ನೀಡಬೇಕು.

Ans : The Reserve Bank of India has deregulated the charges to be levied by sponsor banks from user institutions. The sponsor banks are, however, required to disclose the charges in a transparent manner. With effect from 1st July 2011, originating banks are required to pay a nominal charge of 25 paise and 50 paise per transaction to the Clearing house and destination bank respectively. Bank branches do not generally levy processing / service charges for debiting the accounts of customers maintained with them.

Ans. The Reserve Bank, in order to ensure compliance of the provisions of the PSS Act, 2007 and the Regulations made thereunder, can depute an officer authorized by it to enter any premises where a payment system is being operated, inspect any equipment, including any computer system or document, and call upon any employee of the system provider or participant to provide any document or information as required by it (Section 14 of PSS Act, 2007).

A person resident in India is free to make any payment in Indian Rupees towards meeting expenses on account of boarding, lodging and services related thereto or travel to and from and within India of a person resident outside India who is on a visit to India.

SGL or CSGL are a demat form of holding government securities with the RBI. Just as an investor can hold shares in demat form with a depository participant, he can also hold government securities in an account with a bank or a PD. Securities kept on behalf of customers by banks or PDs are kept in a segregated CSGL A/c with the RBI. Thus, if the bank or the PD buys security for his client, it gets credited to the CSGL account of bank or PD with the RBI.

Proposals not covered by the conditions under the automatic route require the prior clearance of the regulatory authority for which a specific application in form ODI is required to be made to the Reserve Bank of India.

• Product structure of the series of IIBs for retail investors is yet to be finalised. It will be finalised in the due course and accordingly, the same would put in the public domain.

Banks are free to fix Prime Lending Rate (PLR) for credit limits over Rs.2 lakhs with the approval of their respective Boards, which should be the minimum rate charged by them for such credit limits. PLR is to be declared and has to be uniformly applicable at all branches. The banks may authorise their Asset-Liability Management Committee (ALCO) to fix interest rates on Deposits and Advances, subject to their reporting to the Board immediately thereafter. The banks should also fix maximum spread over the PLR with the approval of the ALCO/Board for all advances other than consumer credit.

The Reserve Bank of India has deregulated the charges to be levied by sponsor banks from user institutions. The sponsor banks are, however, required to disclose the charges in a transparent manner. With effect from 1st July 2011, originating banks are required to pay a nominal charge of 25 paise and 50 paise per transaction to the Clearing house and destination bank respectively. Bank branches do not generally levy processing / service charges for debiting the accounts of customers maintained with them.

CG and SG match on a price- time priority basis and T Bills Match on a yield-time priority basis. For a bid in CG/SG to match with an offer, the bid price has to be equal to or greater than the offer price. For an offer in CG/SG to match with a bid, the offer price has to be equal to or less than the offer price. In case of T Bills, the bid yield has to be equal to or less than the offer yield and vice versa for offers. At the same price/yield, the order which has come first to the system will get priority.

Ans. ಮಾಸ್ ಟ್ರಾನ್ಸಿಟ್ ಸಿಸ್ಟಮ್ಸ್ [ಪಿಪಿಐ-ಎಮ್ಟಿಎಸ್]ಗಾಗಿ ಪಿಪಿಐಗಳ ಪ್ರಮುಖ ವೈಶಿಷ್ಟ್ಯತೆಗಳು ಈ ಕೆಳಗಿನಂತಿವೆ:

1. ಇವುಗಳು ಮಾಸ್ ಟ್ರಾನ್ಸಿಟ್ ಸಿಸ್ಟಮ್ ಆಪರೇಟರ್ಗಳು ನೀಡುವ ಸೆಮಿಕ್ಲೋಸ್ಡ್ ಪಿಪಿಐಗಳಾಗಿವೆ.
2. ಮಾಸ್ ಟ್ರಾನ್ಸಿಟ್ ಸಿಸ್ಟಮ್ನಿಂದ ಹೊರತಾಗಿ, ಅಂತಹ ಪಿಪಿಐ-ಎಮ್ಟಿಎಸ್ ಅನ್ನು ಯಾರ ಚಟುವಟಿಕೆಗಳು ಸಂಬಂಧಿತ /ಸಂಬಂಧಪಟ್ಟ ಅಥವಾ ಟ್ರಾನ್ಸಿಟ್ ಸಿಸ್ಟಮ್ನ ಆವರಣದೊಳಗಡೆಯಲ್ಲಿ ನಡೆಯುವ ಇತರ ವ್ಯಾಪಾರಿಗಳಲ್ಲಿ ಮಾತ್ರ ಬಳಸಬಹುದು.
3. ಅವು ಸ್ವರೂಪದಲ್ಲಿ ಮರುಲೋಡ್ ಮಾಡಬಹುದಾದದ್ದಾಗಿರುತ್ತವೆ.
4. ಯಾವುದೇ ಸಮಯದಲ್ಲಿ ಗರಿಷ್ಠ ಬಾಕಿಯು 3,000/ದ ಮಿತಿಯನ್ನು ಮೀರಬಾರದು.
5. ಕ್ಯಾಶ್-ಔಟ್ ಅಥವಾ ರಿಫಂಡ್ ಅಥವಾ ಹಣ ವರ್ಗಾವಣೆಯನ್ನು ಅನುಮತಿಸಲಾಗುವುದಿಲ್ಲ.
6. ನೀಡಿಕೆದಾರರ ಆಡಳಿತ ಮಂಡಳಿ ಅನುಮೋದಿತ ನೀತಿಯ ಪ್ರಕಾರ ಅವುಗಳನ್ನು ಮರುಮೌಲ್ಯಮಾಪನ ಮಾಡಬಹುದು [ಹೊಸ ಇನ್ಸ್ಟ್ರುಮೆಂಟ್ನ ನೀಡಿಕೆಯನ್ನೂ ಒಳಗೊಂಡು]
7. ನೀಡಿಕೆದಾರರ ಆಡಳಿತ ಮಂಡಳಿ ಅನುಮೋದಿತ ನೀತಿಯ ಪ್ರಕಾರ ಅವುಗಳನ್ನು ಮರುಮೌಲ್ಯಮಾಪನ ಮಾಡಬಹುದು [ಹೊಸ ಇನ್ಸ್ಟ್ರುಮೆಂಟ್ನ ನೀಡಿಕೆಯನ್ನೂ ಒಳಗೊಂಡು]

Response

All the existing 'No-Frill' accounts may be treated as BSBDA accounts from the date of the circular i.e., August 22, 2012 and banks may offer the prescribed facilities as per the circular such as issuing ATM card etc., to the existing ‘No-Frill’ account holders as and when the customer approaches the bank. However, for customers opening new accounts after the issue of our circular should be provided with the prescribed facilities immediately on opening of the account.

Yes.  Government securities are eligible for conversion from one form of holding to another as well as consolidation, sub-division and renewal as per the terms and conditions prescribed in the G S Regulations.

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.

The bond can be gifted/transferable to a relative/friend/anybody who fulfills the eligibility criteria (as mentioned at Q.no. 4). The Bonds shall be transferable in accordance with the provisions of the Government Securities Act 2006 and the Government Securities Regulations 2007 before maturity by execution of an instrument of transfer which is available with the issuing agents.

Ans. A resident individual can make a rupee gift to a NRI/PIO who is a close relative of the resident individual [relative’ as defined in Section 2(77) of the Companies Act, 2013] by way of crossed cheque /electronic transfer. The amount should be credited to the Non-Resident (Ordinary) Rupee Account (NRO) a/c of the NRI / PIO and credit of such gift amount may be treated as an eligible credit to NRO a/c. The gift amount would be within the overall limit of USD 250,000 per financial year as permitted under the LRS for a resident individual. It would be the responsibility of the resident donor to ensure that the gift amount being remitted is under the LRS and all the remittances made by the donor during the financial year including the gift amount have not exceeded the limit prescribed under the LRS.

Yes. As per Clause 16 of the RB-IOS, 2021, the RBI Ombudsman may reject a complaint at any stage, if the complaint:

1. is non-maintainable under Clause 10 of the RB-IOS, 2021;

2. is in the nature of offering suggestions or seeking guidance or explanation;

3. in the opinion of the Ombudsman there is no deficiency in service;

4. the compensation sought for the consequential loss is beyond the power of the Ombudsman to award as indicated in RB-IOS, 2021 (please refer to Question 22);

5. the complaint is not pursued by the complainant with reasonable diligence;

6. the complaint is without sufficient cause;

7. the complaint requires consideration of elaborate documentary and oral evidence and the proceedings before the Ombudsman are not appropriate for adjudication of such a complaint;

8. in the opinion of the Ombudsman there is no financial loss or damage, or inconvenience caused to the complainant.

Ans. Yes, once a customer submits updated KYC information or self-declaration to the RE, it shall provide an acknowledgement to this effect to the customer. Upon updating KYC information, the RE shall also intimate customers about such updation.

Ans.: Please refer to the below table containing the error codes (Fatal error, non-Fatal error) with their descriptions. If a respondent get an acknowledgment of the processed data with any Fatal error codes, then it should study the below mentioned fatal error message/description and revise its data and resubmit it on surveysoftex@rbi.org.in. If the company gets an acknowledgment of the processed data with any Non-fatal error codes then it needs to provide justification/clarification on the errors and send it on itesquery@rbi.org.in along with revised data if applicable to surveysoftex@rbi.org.in.

Sr. No.	Revised- Rejection Criteria	Revised - Error Message/descriptions	Error Code
Fatal Error
1	If the survey year is not provided	The year cannot be left blank. Please specify the reference year and fill the return.	ITES_F_001
2	i) If the survey year is not correct	Survey year should be the subsequent Survey after the latest closed survey year in the system. Please specify the correct Survey year.	ITES_F_001
	ii) If the Survey year is advanced	Please specify proper survey year by filling the form for the survey year - <current survey year>	ITES_F_001
	iii) If the survey is closed	ITES survey for ___________ is closed.	ITES_F_001
3	If PAN number is not provided	PAN number is not provided. Please specify/fill the PAN number of your company.	ITES_F_002
4	If PAN number is not valid	PAN number is invalid. Please provide 10-digit alphanumeric PAN number of your company.	ITES_F_002
5	If CIN number is not provided	CIN number is not provided. Please specify/fill 21-digit the CIN number of your company given by the Ministry of Corporate Affairs.	ITES_F_003
6	If CIN number is not valid	CIN number is invalid. Please provide 21-digit CIN number of your company.	ITES_F_003
7	If the details of Business Activity in ‘Item number 3 in Part-A is blank or incomplete AND 3.E Sum of the percentage share of business activities is not equal to 100	Total of Business Activity should be 100; Please specify the correct percentage share of each business activity mentioned in Item number 3 of Part A.	ITES_F_005
8	If in Part-B, item number 5 (a) Total of Export invoice value is blank or ‘0’.	Please provide the Export invoice value of the business activities of your company in item number 5 (a). and if there is no export during the reference period, please select “Nil Statement” option mentioned in 2 (b)	ITES_F_006
Non-Fatal Error
1	If there is more than one percent variation between percentage share of IT Services provided in Part A, item 3 A. and percentage share derived from Part B, item 5 (a) (i) IT Services export invoice amount/ total exports	Please ensure that percentage share of Business activity IT services provided in Part A, item 3 A matches with the corresponding export invoice value provided in Part B, item 5 (a) (i)	ITES_NF_001
2	If there is more than one percent variation between percentage share of ITES/BPO provided in Part A, item 3 B and percentage share derived from Part B, item 5 (a) (ii) ITES/BPO Services export invoice amount/ total exports	Please ensure that percentage share of Business activity ITES/BPO provided in Part A, item 3 B matches with the corresponding export invoice value provided in Part B, item 5 (a) (ii)	ITES_NF_002
3	If there is more than one percent variation between percentage share of Engineering services provided in Part A, item 3 C and percentage share derived from Part B, item 5 (a) (iii) Engineering services exports invoice amount/ total exports	Please ensure that percentage share of Business activity Engineering services provided in Part A, item 3 C matches with the corresponding export invoice value provided in Part B, item 5 (a) (iii)	ITES_NF_003
4	If there is more than one percent variation between percentage share of Software products exports provided in Part A, item 3 D and percentage share derived from Part B, item 5 (a) (iv) Software products exports invoice amount/ total exports	Please ensure that percentage share of Business activity Software products exports provided in Part A, item 3 D matches with the corresponding export invoice value provided in Part B, item 5 (a) (iv)	ITES_NF_005
5	If the total exports amount of Billing to subsidiary(s)/ associate(s) abroad in Part B, item 5 (a) is blank	Please provide the amount of billing to subsidiary(s)/ associate(s) abroad of the total exports in Part B, item 5 (a).	ITES_NF_006
6	If there is more than 5 percent variation between total exports-major currencies reported in INR in item 5 (b) of Part B and total exports provided in item 5(a) of Part B	Please ensure that total exports-major currencies reported in INR in item 5 (b) of Part B matches with total exports provided in item 5(a) of Part B.	ITES_NF_010
7	If there is more than 5 percent variation between total exports-type of services reported in item 5 (c) of Part B and total exports provided in item 5(a) of Part B	Please ensure that total exports-type of services reported in item 5 (c) of Part B matches with total exports provided in item 5(a) of Part B.	ITES_NF_011
8	If there is more than 5 percent variation between total exports-Major Areas reported in item 5 (d) of Part B and total exports provided in item 5(a) of Part B	Please ensure that total exports- Major Areas reported in item 5 (d) of Part B matches with total exports provided in item 5(a) of Part B.	ITES_NF_012
9	If there is more than 5 percent variation between total exports-Mode of supply reported in item 6 of Part B and total exports provided in item 5(a) of Part B	Please ensure that total exports- Mode of supply reported in item 6 of Part B matches with total exports provided in item 5(a) of Part B.	ITES_NF_013
10	If the information on Exports Proceeds- Receipt, Expenditure and Held Abroad in the item number 7 of Part C (i) i.e Cell AB83 is blank or zero	Please provide the complete details on information on Exports Proceeds- Receipt, Expenditure and Held Abroad in the item number 7 of Part C.	ITES_NF_007
11	If the Cell O14 is blank or zero in the information of number of employees in item number 8 of  Part C	Please provide the complete details on Number of employees in the item number 8 of Part C.	ITES_NF_008
12	If the information on Total Number of Subsidiaries/ Associates Abroad in item number 9 (a) of Part D is blank.	Please provide information on Total Number of Subsidiaries/ Associates Abroad in the item number 9 of Part D.	ITES_NF_014
13	Number of non-zero rows in 9 (b) should be equal to number of Subsidiaries/ Associates Abroad provided in item number 9 (a) of Part D.	Please check the number of subsidiaries provided in 9(a) of part (D) matches with the numbers of subsidiaries details provided in 9(b)	ITES_NF_009
14	If Form of Organisation is null or select as blank	Please provide the Form of Organisation in item 4 of part A	ITES_NF_015

ಉತ್ತರ. ಮ್ಯಾಗ್ನೆಟಿಕ್ ಸ್ಟ್ರೈಪ್ ಕಾರ್ಡ್ ಇಎಮ್ವಿ ಚಿಪ್ನಲ್ಲಿರುವ ಡೇಟಾವನ್ನು ಕಾರ್ಡ್ನಲ್ಲಿರುವ ಮ್ಯಾಗ್ನೆಟಿಕ್ ಸ್ಟ್ರೈಪ್ನಲ್ಲಿ ಕಾರ್ಡ್ ಡೇಟಾವನ್ನು ಸಂಗ್ರಹಿಸುತ್ತದೆ ಹಾಗೂ ಪಿನ್ ಕಾರ್ಡ್ ಅನ್ನು ಚಿಪ್ನಲ್ಲಿ ಸಂಗ್ರಹಿಸಲಾಗುತ್ತದೆ. ಮ್ಯಾಗ್ನೆಟಿಕ್ ಸ್ಟ್ರೈಪ್ ಕಾರ್ಡ್ಗಳಿಗೆ ಹೋಲಿಸಿದಾಗ ಇಎಮ್ವಿ ಚಿಪ್ ಹಾಗೂ ಪಿನ್ ಕಾರ್ಡ್ಗಳನ್ನು ಸುರಕ್ಷಿತವೆಂದು ಪರಿಗಣಿಸಲಾಗುತ್ತದೆ

Ans. The meaning of KYC is as defined in paragraph 6 of the MD-PPIs. The KYC / Anti-Money Laundering (AML) / Combating Financing of Terrorism (CFT) guidelines issued by the Department of Regulation (DoR), RBI, in “Master Direction – Know Your Customer Direction, 2016”, shall apply mutatis mutandis to all the entities issuing PPIs.

ಹೌದು. ಅಂತಹ ಗ್ರಾಹಕರು ತಮ್ಮ ಸಮ್ಮತಿಯನ್ನು ಲಿಖಿತದಲ್ಲಿ ಕೊಡಬೇಕು ಮತ್ತು ಬಿಎಸ್ಬಿಡಿಎಯ ವೈಶಿಷ್ಟ್ಯಗಳು ಮತ್ತು ಸೇವೆಗಳ ಮಟ್ಟವನ್ನು ಅವರಿಗೆ ತಿಳಿಸಬೇಕು.

• Fixed Income Money Market and Derivatives Association of India (FIMMDA) will come out with valuation guidelines shortly.

Ans. Yes, Reserve Bank has the authority to conduct on-site inspection, under the PSS Act.

However, foreign entities located in overseas jurisdictions may be exempted from certain requirements applicable to domestic payment systems (India) subject to the RBI concluding cooperative agreements with the home regulator/s.

Residents may book their tickets in India for their visit to any third country. That is residents can book their tickets for travel for instance to London/New York through domestic/foreign airlines in India itself.

An illustrative list of Intermediary Agencies is as under: 1. State sponsored organizations for on-lending to Weaker Sections.@ 2. Distributors of agricultural inputs/implements. 3. State Financial Corporations (SFCs)/State Industrial Development Corporations (SIDCs) to the extent they provide credit to weaker sections. 4. National Small Industries Corporation (NSIC). 5. Khadi and Village Industires Commission (KVIC). 6. Agencies involved in assisting the decentralized sector. 7. Housing and Urban Development Corporation Ltd. (HUDCO). 8. Housing Finance Companies approved by National Housing Bank (NHB) for refinance. 9. State sponsored organization for SCs/STs (for purchase and supply of inputs to and/or marketing of output of the beneficiaries of these organizations). 10. Micro Finance Institutions/Non-Government Organisations (NGOs) on-lending to SHGs. @ ‘Weaker Sections’ in Priority Sector includes following: Small and marginal farmers with land holdings of 5 acres and less, landless labourers, tenant farmers and share-croppers; Artisans, village and cottage industries where individual credit requirements do not exceed Rs.25,000/-. Small and marginal farmers, sharecroppers, agricultural and non-agricultural labourers, rural artisans and families living below the poverty lines are the beneficiaries. The family income should not exceed Rs. 11,000/- per annum. Scheduled Castes and Scheduled Tribes. Beneficiaries are persons whose family income from all sources does not exceed Rs.7200/- per annum in urban or semi urban areas or Rs.6,400/- per annum in rural areas. They should not own any land or the size of their holding does not exceed one acre in the case of irrigated land and 2.5 acres in the case of unirrigated land ( land holding criteria do not apply to SC/ST). Beneficiaries under Scheme of Liberation and Rehabilitation of Scavengers (SLRS). Advances granted to Self-Helf Groups (SHGs) for reaching the rural poor.

An application for direct investment in a JV/WOS may be made in form ODI to:The Chief General Manager,Overseas Investment Division,Exchange Control Department,Reserve Bank of India, Central Office,Amar Building, Sir P.M.Road,Mumbai 400 001.