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For a company, controlling ownership interest means more than:

A30 per cent
B50 per cent
C70 per cent
D10 per cent
Answer & Solution
Correct answer: D. 10 per cent
1. The test looks at shares, capital or profits. 2. It fixes who counts as the beneficial owner. 3. The threshold is more than 10 per cent. _Source: Reserve Bank of India (Commercial Banks - Know Your Customer) Directions, 2025_
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