What is the full form of "KYC"?
A. Know Your Calls
B. Known Client Yet
C. Know your Category
D. Know Your Customer
Answer: Option D
Solution(By Examveda Team)
KYC means Know Your Customer and sometimes Know Your Client. KYC or KYC check is the mandatory process of identifying and verifying the client's identity when opening an account and periodically over time. In other words, banks must make sure that their clients are genuinely who they claim to be.This Question Belongs to Abbreviations >> Banking Abbreviations
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C. Uniform Tax for India
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A. Undivided Banking Deposit
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B. Statistical Business Consortium
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