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Module: General Practice

Q9: What does the "Digital KYC" process involve?

A
The capturing of a live photo of the customer and their officially valid document or proof of possession of Aadhaar, along with the latitude and longitude of the location.
B
A video-based customer identification process (V-CIP) conducted over a secured network.
C
The submission of a self-attested copy of an OVD and a recent photograph.
D
The retrieval of KYC records from the Central KYC Records Registry (CKYCR) using a KYC Identifier.
✅ Correct Answer: A
"Digital KYC" is defined as capturing the live photo of the customer and their officially valid document along with the latitude and longitude of the location.
This manual process is distinct from the Video-based Customer Identification Process (V-CIP), a distinction often tested in RBI KYC Guidelines MCQs.
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