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Legal Entity Identifier(LEI) is a ____________ alpha numeric code.

  • A.10
  • B.11
  • C.20
  • D.9

Answer: C

Correct answer: 20

The Legal Entity Identifier is a 20-character alphanumeric code issued under the global LEI system to identify a party to a financial transaction. In India the RBI has made it compulsory for large borrowers and for large-value RTGS and NEFT transactions.

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