Module: General Practice
Q15: The "Video based Customer Identification Process (V-CIP)" is described as an alternate method of customer identification with facial recognition and …… by an authorised official of the Regulated Entity (RE).
✅ Correct Answer: A
V-CIP is defined as an alternate method of customer identification with facial recognition and customer due diligence by an authorised official of the RE.
This modern method is a hot topic in recent RBI KYC Guidelines MCQs.
This modern method is a hot topic in recent RBI KYC Guidelines MCQs.