Banking Sample Paper SBI PO (Main) Sample Test Paper-8

  • question_answer
    The RBI changed KYC norms for opening bank accounts recently. Which of the following is correct in this regard?

    A)  It has asked banks to allow self-certified copy of the document by email or post for opening an account.

    B)  Banks have to seek fresh documents even if a KYC- compliant customer desires to open another account in the bank.

    C)  If one is unable to comply within a reasonable period of time, partial freezing of one's account may be introduced for KYC non-compliance.

    D)  Only [a] and [b]

    E)  Only [a] and [c]

    Correct Answer: E


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