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

Q27: The 2025 Directions have institutionalized the Video-Based Customer Identification Process (V-CIP). Which of the following conditions is MANDATORY for a valid V-CIP?

The V-CIP process must be operated/triggered from the domain of the Regulated Entity (RE), not a third-party vendor's domain.




The live video interaction must include geo-tagging to ensure the customer is physically present in India.




The process can be fully automated using AI without any human intervention from the RE's side.
A
1 and 2 only
B
1 and 3 only
C
2 and 3 only
D
1, 2, and 3
✅ Correct Answer: A
The V-CIP Protocol: Statement I (Domain): Mandatory.
The V-CIP application/activity log must be under the control and domain of the RE.
Links to third-party domains (like Zoom/Skype hosted externally) are prohibited for the core process.
Statement II (Geo-tagging): Mandatory.
The RE must capture the live location (latitude/longitude) to ensure the customer is in India during the process.
Statement III (Automation): Incorrect.
While AI/Face Match is used for assistance, the V-CIP must involve a live audio-visual interaction with an Official of the RE.
It cannot be a fully automated, human-less flow.