The Know Your Customer (KYC) norms of opening a bank account has been relaxed for the accounts with minimum balance of

Related MCQs

• The Reserve Bank of India imposed fine on which of the following private sector banks for violation of KYC (Know Your Customer) norms in June 2013?
• KYC‘ (Know Your Customer) norms were implemented in the Indian banking system in 2002 as per the directive of ?
• KYC –Know Your Customer is to identify the Customer, whereas AML- Anti Money Laundering is to identify the Source of Income:
• Which of the following is NOT a KYC requirement while opening a bank account?
• Which of the following is the purpose of introducing ―Know Your Customer‖ norms by the banks?
• With a view to facilitate payment of balance in the deposit account to the person named by the depositor without any hassles in the event of death of the account holder, the following facility was introduced for bank accounts in our country             
• Which of the following is known as a Savings Bank Account opened with a commercial bank with zero balance or very minimal balance?
• Ratnakar Bank limited (RBL) Bank has announced the opening of its Indian Financial System Code (IFSC) Banking Unit (IBU) at Gujarat International Finance Tec-City (GIFT City). Where is the corporate office of RBL Bank?
• KYC guidelines followed by the Banks have been framed on the recommendations the .
• KYC guidelines followed by the Banks have been framed on the recommendations of the