New Enroll for RBI, PFRDA & NABARD Intro Class! April 18 at 9:15 PM

    Question

    According to the circular on KYC amendments, politically

    exposed persons (PEPs) fall under enhanced due diligence requirements. Which of the following is not included in the definition of PEP?
    A Senior politicians Correct Answer Incorrect Answer
    B Senior government officers Correct Answer Incorrect Answer
    C Judicial officials Correct Answer Incorrect Answer
    D Executives of state-owned corporations Correct Answer Incorrect Answer
    E Private company executives Correct Answer Incorrect Answer

    Solution

    The "Master Direction on KYC" defines PEPs to include senior politicians, senior government officials, judicial officers, and executives of state-owned corporations but does not include private company executives.

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