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      Question

      As per RBI guidelines, 'High Risk' customers must have

      their KYC updated at least once every: 
      A 6 months Correct Answer Incorrect Answer
      B 1 year Correct Answer Incorrect Answer
      C 2 years Correct Answer Incorrect Answer
      D 8 years Correct Answer Incorrect Answer
      E 10 years Correct Answer Incorrect Answer

      Solution

      KYC update frequency: High Risk (2 years), Medium Risk (8 years), and Low Risk (10 years).

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