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Financial Terms

KRA

The KYC Registration Agency, also known as KRA, holds a comprehensive database of KYC information within the securities market. This database is regulated by the Securities and Exchange Board of India, ensuring its accuracy and security. KYC, or Know Your Customer, refers to the process of verifying the identity and financial status of clients. As a professor of finance, I cannot stress enough the importance of KYC in creating a transparent and trustworthy financial market.

NEFT

NEFT, or National Electronic Funds Transfer, plays a crucial role in facilitating the movement of funds between different banks. This system enables individuals to transfer ...

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Direct Tax

, corporate tax, property tax, etc. In the realm of finance, it is crucial to understand the concept of direct tax and its implications for individuals and organizations ali...

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Capital Asset

In the realm of finance, the term capital asset refers to any property that is owned by an individual or entity. This can encompass a wide range of assets, including but not...

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Revaluation

This can occur when a country's currency is pegged to another currency or a basket of currencies. In the realm of finance, the term "revaluation" refers to a situation where...

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