Updated for 2026 Syllabus Detailed Explanations High-Yield Core Concepts

Bank Promotion Exam Guide

Banking Awareness | Banking Knowledge | for all Bank Exams

Home » Banking Awareness October 2025 to… » | Priority Sector, Consumer Protection & Digital Lending
Module: | Priority Sector, Consumer Protection & Digital Lending

Q44: Banks must put in place an adequate screening mechanism as an integral part of their personnel recruitment process. What is this specific policy called?

A
Know Your Employee (KYE) / Staff policy
B
Employee Due Diligence (EDD) policy
C
Staff Integrity Protocol
D
Internal Personnel Audit policy
✅ Correct Answer: A
The bank shall put in place an adequate screening mechanism, including Know Your Employee / Staff policy.
← Previous (Q43) Since September 15, 2018, what specific detai... Next (Q45) → For a Sole Proprietary firm, if a bank decide... 📚 Back to | Priority Sector, Consumer Protection & Digital Lending

🔄 More from | Priority Sector, Consumer Protection & Digital Lending: