Module: General Practice
Q36: What is the minimum periodicity for carrying out periodic updation of KYC for different customer risk categories?
High-risk customers: Once in every two years.
Medium risk customers: Once in every eight years.
Low-risk customers: Once in every ten years.
Medium risk customers: Once in every eight years.
Low-risk customers: Once in every ten years.
✅ Correct Answer: D
All statements are correct.
High-risk updates every 2 years, medium every 8, and low every 10.
These specific periodicities are the most frequently asked numbers in RBI KYC Guidelines MCQs.
High-risk updates every 2 years, medium every 8, and low every 10.
These specific periodicities are the most frequently asked numbers in RBI KYC Guidelines MCQs.