New Register here for RBI, SEBI & NABARD strategy workshop! April 9 at 7 PM

    Question

    According to RBI, which of the following is considered

    an “Officially Valid Document” (OVD) for KYC purposes?  
    A Utility bill older than three months Correct Answer Incorrect Answer
    B PAN card only Correct Answer Incorrect Answer
    C Voter ID, Passport, or Aadhaar Correct Answer Incorrect Answer
    D Any document issued by a private company Correct Answer Incorrect Answer
    E Digital version of a lease agreement Correct Answer Incorrect Answer

    Solution

      For KYC purposes, RBI recognizes the Voter ID, Passport, Aadhaar, and a few other government-issued documents as “Officially Valid Documents” (OVDs) for verifying the identity and address of customers.  

    Practice Next

    Relevant for Exams: