RBI updated KYC norms on 2 September 2016. In this context, KYC stands for _____________
Know Your Copy
Know Your Custom
Know Your Customer
Know Your Credential
Know Your Cashier
Which of the next disceptation is right regarding KYC ?
KYC is a physical care for past times which banks obtain data most the identity together with address of the customers.
KYC physical care for is to endure completed past times the banks spell opening accounts.
Banks required periodically update their customers’ KYC details.
KYC physical care for helps to ensure that banks’ services are non misused.
All of above
As per RBI update rules of KYC, what are the KYC requirements for opening a banking venture trouble organisation human relationship ?
Proof of identity
Proof of address
None of them required
All of higher upward required
Which of the next documents is non ane of the ‘proof of identity inward KYC equally per RBI directions ?
Birth Chart issued past times famous Astrologer
NREGA Job Card
Voters’ Identity Card
Government of Bharat has notified half dozen documents equally OVDs for the travel of producing proof of identity. In this context, OVD stands for _____________
Officially Voter Documents
Officially Valid Documents
Officially Void Documents
One Valid Documents
Over Valid Documents
If whatever somebody does non convey whatever of the listed documents named equally ‘proof of identity’, whether that somebody tin opened upward a banking venture trouble organisation human relationship ?
No, he cannot opened upward account.
Yes, he tin opened upward trouble organisation human relationship together with later 10 days he tin submit Identity Proof.
Yes, the client tin opened upward trouble organisation human relationship inward RBI, equally RBI tin plow over electrical current trouble organisation human relationship to individuals effective from 1 July 2016.
Yes, he tin soundless opened upward a banking venture trouble organisation human relationship known equally Small Account’ past times submitting recent photograph together with putting signature or pollex impression inward the presence of the banking venture official.
Yes, past times taking particular permission from State Government.
Usually Small Accounts volition convey limitations. As per the limitations, at whatever signal of time, the maximum residuum inward the trouble organisation human relationship should non hap _____________
Total credits inward ane twelvemonth should non hap _____________ inward Small Accounts equally per the gild of RBI.
In the Small Accounts, full withdrawal together with transfers inward a calendar month should non hap _____________
Water Resources Ministry together with Agriculture Ministry on xvi September 2016 made MoU to educate organic farming inward over 5000 villages along the banks of _____________ river inward each Gram Panchayat rep-resenting a cluster nether Paramaparagat Krishi Vikas Yojana.
Whether Foreign remittances tin endure credit-ed inward Small Accounts ?
Yes, but upward to $ G per calendar month
Yes, but upward to $ fifty per calendar month
None of higher upward selection correct
Small Accounts remain operational initially for a catamenia of _____________ if the client does non render whatever of the valid documents together with thereafter, for a farther catamenia of 12 months if the holder of such an trouble organisation human relationship provides evidence to the banking venture of having applied for whatever of the officially valid documents.
Which of the next document cannot endure produced equally Proof of Address (PoA) equally per the updated KYC rules ?
Utility bill, which is non to a greater extent than than 2 months old, of whatever service provider (elec-tricity, telephone, H2O nib etc).
Bank trouble organisation human relationship or Post Office savings banking venture trouble organisation human relationship statement.
Any hotel nib proved staying of 3 days.
Property or Municipal Tax receipt.
Documents issued past times Government departments of unusual jurisdictions or let-ter issued past times Foreign Embassy or Mission inward India.
Banks required to categorise their customers based on direct chances assessment inward 3 categories equally per depending on their AML direct chances assessment equally per the RBI directions. These 3 categories are _____________
Rich, Poor together with Middle Class People
Low, Medium together with High
Brown, Black together with Red
A, B together with C
Territorial, Extra Territorial together with None
e-KYC refers to electronic KYC. e-KYC is possible exclusively for those who convey Aadhaar numbers. Aadhar Card issued past times Unique Identification Authority of Bharat (UIDAI). Who was appointed equally the part-time Chairman of UIDAI on eight September 2016?
APB implemented past times National Payments Corporation of Bharat (NPCI), which uses Aadhaar number equally a fundamental key for electronically channelizing the Government subsidies together with benefits. APB stands for _____________
Aadhaar Payment Bridge
Aadhaar Point Bridge
Aadhaar puddle Bridge
Aadhaar Payment Book
Aadhaar Payment Brand
As per the gild of RBI, KYC practise needs to endure done for all those who desire to brand domestic remittances of _____________ together with higher upward together with all unusual remittances.
Banks tin unopen the trouble organisation human relationship of customer, if client does non render the KYC documents at the fourth dimension of periodic updation. Before closing the account, the banking venture may, however, impose ‘partial freezing’, Banks convey to plow over due expose of 3 calendar month sand reminder for farther catamenia of _____________