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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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