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With reference to the Legal Entity Identifier (LEI), consider the following statements:1. It is a 20 digit number that will be used to uniquely identify the parties involved in financial transactions worldwide.2. It is made mandatory by the RBI for all the fund transfers worth Rs. 50 crores and above.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'C'. Can you explain this answer? for Current Affairs 2024 is part of Current Affairs preparation. The Question and answers have been prepared according to the Current Affairs exam syllabus. Information about With reference to the Legal Entity Identifier (LEI), consider the following statements:1. It is a 20 digit number that will be used to uniquely identify the parties involved in financial transactions worldwide.2. It is made mandatory by the RBI for all the fund transfers worth Rs. 50 crores and above.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'C'. Can you explain this answer? covers all topics & solutions for Current Affairs 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for With reference to the Legal Entity Identifier (LEI), consider the following statements:1. It is a 20 digit number that will be used to uniquely identify the parties involved in financial transactions worldwide.2. It is made mandatory by the RBI for all the fund transfers worth Rs. 50 crores and above.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'C'. Can you explain this answer?.

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