Updated for 2026 Syllabus Detailed Explanations High-Yield Core Concepts

Bank Promotion Exam Guide

Banking Awareness | Banking Knowledge | for all Bank Exams

Module: | Deposits, Reserve Ratios & Branch Authorisation

Q259: In the context of the "Digital KYC Process," how is the customer's signature obtained and validated on the Customer Application Form (CAF)?

A
By a physical wet signature on a printed form which is then scanned.
B
By a stylus signature on the screen of the tablet/mobile device.
C
By successful validation of a One Time Password (OTP) sent to the customer's mobile number.
D
By voice recognition confirmation recorded by the application.
✅ Correct Answer: C
Upon successful validation of the OTP, the bank will treat it as the customer's signature on CAF.