Question

    In case of High risk customers full KYC has to be done

    by Banks in ___ and in case of low risk customers full KYC has to be done by Banks in ____
    A Atleast once in 5 years; Atleast once in 10 years Correct Answer Incorrect Answer
    B Atleast once in 2 years; Atleast once in 10 years Correct Answer Incorrect Answer
    C Atleast once in 10 years; Atleast once in 15 years Correct Answer Incorrect Answer
    D Atleast once in 7 years; Atleast once in 14 years Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    In case of High risk customers full KYC has to be done by Banks in atleast once in two years and in case of low risk customers full KYC has to be done by Banks in atleast once in 10 years.

    Practice Next