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Questions and Answers
What is a mandatory requirement for opening a Non-Governmental Organization Account (NGO)?
What is a mandatory requirement for opening a Non-Governmental Organization Account (NGO)?
- Letter of Recommendation from a Government Official
- Certificate of Registration (correct)
- Business Plan
- Annual Financial Report
Which document is required to be duly sealed and signed by the Chairman and Secretary for opening an NGO account?
Which document is required to be duly sealed and signed by the Chairman and Secretary for opening an NGO account?
- Charter/Memorandum and Articles of Association
- Resolution to open the account (correct)
- SCUML certificate
- Trust Deed
What is a necessary identification requirement for each signatory when opening an NGO account?
What is a necessary identification requirement for each signatory when opening an NGO account?
- Valid and acceptable means of Identification (correct)
- Driver's License of the signatory
- Birth Certificate
- Passport of the signatory
Which approval is needed for opening an NGO account as mentioned in the text?
Which approval is needed for opening an NGO account as mentioned in the text?
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