Question
What is the purpose of performing Due Diligence by banks
under KYC norms?Solution
Due diligence helps banks understand the nature and background of customers, including their financial standing and intent, helping assess potential credit or fraud risks. It's a key part of the risk-based KYC process.
Select the most appropriate synonym of the given word.
ADVERSARY
(a) The press release was written by a professional.
(b) It lacked the rigid formal style and naturalness.
(i) still
(ii) yet
(iii) but
He was wrongly blamed for something his friends did, and was upset for over a month.
In each of the following sentences, a word has been highlighted. Choose the option that can most appropriately replace the highlighted word without cha...
Select the option that can be used as a one-word substitute for the given group of words.
One who studies the occult meanings of numbers and thei...
A post with little work but high salary.
In each of the following questions, a word has been used in sentences in THREE different ways. Choose the option corresponding to the sentences in which...
In the given question, a word has been given and there are three ways in which the word has been used, in similar or different forms. You need to see w...
In the following questions, a word has been given along with three sentences. Choose the option that correctly identifies the sentence(s) in which the ...
In each of the following questions, a highlighted word is given followed by three sentences. Choose the sentence(s) in which the word is used correctly...
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