Updated for 2026 Syllabus Detailed Explanations High-Yield Core Concepts

Bank Promotion Exam Guide

Banking Awareness | Banking Knowledge | for all Bank Exams

Module: General Practice

Q38: For opening an account of a partnership firm, certified copies of all the following documents are required except:

A
Registration certificate
B
Partnership deed
C
Permanent Account Number of the partnership firm
D
The personal Income Tax Returns of every partner
βœ… Correct Answer: D
The personal tax returns of every partner are not a mandatory requirement for opening a partnership firm's account.
Distinguishing between firm and partner documents is key for RBI KYC Guidelines MCQs.