Q50: When an account holder who was a minor at the time of account opening becomes a major, the bank is required to obtain fresh photographs and ensure that Customer Due Diligence (CDD) documents are available as per current standards.

True

False, the original documents suffice until the next periodic update.

True, but only if the account balance exceeds ₹50,000.

False, the account must be closed and a new one opened.

✅ Correct Answer: A

Upon a minor account holder becoming a major, the bank shall obtain fresh photographs and ensure that CDD documents as per current standards are available.

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Bank Promotion Exam Guide

Q50: When an account holder who was a minor at the time of account opening becomes a major, the bank is required to obtain fresh photographs and ensure that Customer Due Diligence (CDD) documents are available as per current standards.

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