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      Question

      According to the new RBI’s norms, the KYC is required

      to be done once in every ___years for high-risk customers?
      A 2 Correct Answer Incorrect Answer
      B 3 Correct Answer Incorrect Answer
      C 4 Correct Answer Incorrect Answer
      D 5 Correct Answer Incorrect Answer
      E 6 Correct Answer Incorrect Answer

      Solution

      KYC is required to be done once in every two years for high risk customers, once in every eight years for medium risk customers and once in every ten years.

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