Q67: The provisions of the Reserve Bank of India (Commercial Banks – KYC) Directions, 2025, are intended to be in derogation of (i.e., to override) the provisions of any other laws, rules, or regulations for the time being in force.

True

False, they are in addition to, and not in derogation of, other laws.

True, but only regarding the Prevention of Money Laundering Act.

False, they are subservient to all internal bank policies.

✅ Correct Answer: B

The provisions of these Directions shall be in addition to, and not in derogation of the provisions of any other laws, rules, regulations, or directions.

Legal interpretation is part of the IIBF AML KYC Exam 2026.

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Q67: The provisions of the Reserve Bank of India (Commercial Banks – KYC) Directions, 2025, are intended to be in derogation of (i.e., to override) the provisions of any other laws, rules, or regulations for the time being in force.

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