Digital Financial Tools and Applications Question Answer

What is the full form of kyc

What is the full form of KYC?

KYC का पूर्ण रूप क्या है ?
Topic : Digital Financial Tools and Applications

A. Keep your customers cool

B. Keep your cool

C. Know your customers

D. Know your credit

Correct Answer

C. Know your customers

Explanation :

KYC stands for "Know Your Customer" or "Know Your Client." It is a process that financial institutions, businesses, and other organizations use to verify the identity of their customers or clients. The purpose of KYC is to prevent identity theft, fraud, money laundering, and other illegal activities by ensuring that individuals and entities engaging in transactions are properly identified and authenticated.

CCC Practice Test Hindi Python Programming Tutorials Best Computer Training Institute in Prayagraj (Allahabad) Sarkari Exam Quiz O Level Online Test in Hindi Bank SSC Railway TET UPTET Question Bank