New Enroll in RBI Grade B New Batch - Starts on May 21

    Question

    What are documents required under

    KYC?
    A ID prof Correct Answer Incorrect Answer
    B face verification Correct Answer Incorrect Answer
    C biometric Correct Answer Incorrect Answer
    D all of the above Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    KYC means Know Your Customer and sometimes Know Your Client. In other words, banks must make sure that their clients are genuinely who they claim to be. KYC process includes ID card verification, face verification, document verification such as utility bills as proof of address, and biometric verification.

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