alleryA customer declining nomination must give the bank a written:
ADeclaration
BDeclamation
CDecoration
DDelegation
Answer & Solution
Correct answer: A. Declaration
1. The account may still be opened without restriction.
2. The refusal has to be on record.
3. A written declaration is obtained.
_Source: Reserve Bank of India (Commercial Banks - Responsible Business Conduct) Directions, 2025_
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