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When an application is rejected the officer must record the:
AReasons
BReceipts
CReferrals
DRegisters
Answer & Solution
Correct answer: A. Reasons
1. No application may be turned down without thought.
2. The decision has to be justifiable later.
3. The officer records the reasons for rejection.
_Source: Reserve Bank of India (Commercial Banks - Know Your Customer) Directions, 2025_
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