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Solution- The full form of KYC is Know Your Customer. KYC is the method of a company that verifies the customer’s identity and assesses possible risks to the business relationship from criminal intentions. The name is also used to relate to the regulations on banks and anti-money laundering regulations that govern such activities. Reserve Bank of India (RBI) adopted the KYC process to avoid financial fraud, such as identity theft, money laundering and illegal transactions. Here is a required document serving as identification evidence and address proof Passport Voter ID card Driving Licence PAN card Aadhaar Card If the document you provide for identity proof does not contain details of the address, you can send another legally valid document containing details of the address such as electricity bill, telephone bill, gas bill, etc.
Which of the following cities is known as the ‘Detroit of India’?
The 6th edition of ‘Ex Shakti 2021’ a biennial training exercise between the armies of the two countries India and _____ has begun from Nove...
Match the following?
Jaipur - Pink city
Jodhpur - Blue
Which Indian musician has won both an Academy Award (Oscar) and a Golden Globe for his contributions to international music?
Which university was planned to be established in the union budget 2021-22?
Banks have launched an app naming _____for electronic commerce transactions
Forward contact is a type of derivative which is publically traded
How many kilometers of rural roads are planned to be constructed under Phase IV of the Pradhan Mantri Gram Sadak Yojana (PMGSY)?
Which film won the Best Popular Film Award at the Filmfare Awards 2024?
Consider the following statements in regards to Jal Shakti Abhiyan:
1. Jal Shakti Abhiyan-I launched in 2020
2. National Water Mission is ...