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

Q273: According to the guidelines on "Monitoring of Transactions", how frequently must a bank review the risk categorization of customer accounts?

A
At least once every three months
B
At least once every six months
C
At least annually
D
At least once every two years
✅ Correct Answer: B
The bank shall put in place a system of periodic review of risk categorisation of accounts, with such periodicity being at least once in every six months.