Risk categorisation of accounts is reviewed at least once every:
ANine months
BSeven months
CFour months
DSix months
Answer & Solution
Correct answer: D. Six months
1. The review decides whether enhanced diligence is needed.
2. It runs on a fixed minimum cycle.
3. That cycle is once in six months.
_Source: Reserve Bank of India (Commercial Banks - Know Your Customer) Directions, 2025_
Keep practising Banker-Customer Relationship
Browse all Banker-Customer Relationship questions for IBPS Clerk, or explore more Banking Awareness topics.
Related questions
Match each judicial/tax notice served on a bank with its issuing authority:Match each legal right of a banker with its statutory basis:Match each specialized banking function with its legal status:Match each banking operational transaction with its legal relationship:Pick the right answer, quicklyOrder the steps of opening an accountSpot the one that does not fitFill the gaps in the KYC rules