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KYC of a high risk customer must be updated at least once every:
ANine years
BTwo years
CFour years
DFive years
Answer & Solution
Correct answer: B. Two years
1. Updation follows a risk based approach.
2. The riskiest customers are refreshed most often.
3. For high risk customers it is once in two years.
_Source: Reserve Bank of India (Commercial Banks - Know Your Customer) Directions, 2025_
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