Multiple choice

Which among the following are correct regarding obtaining introduction from the existing customer for opening a new deposit account?

(a) to get protection u/s 131 of NI Act against conversion (b) to prevent money laundering (c) to comply with KYC directives of RBI

  1. (a) and (c) only

  2. (a) and (b) only

  3. (b) and (c) only

  4. None of the above

Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

Introduction is not essential. It is done in order to have the guarantee of the person.

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