General Knowledge · General Awareness
Under RBI Master Directions on Video-Based Customer Identification Process (V-KYC), what is the mandatory outcome if live video quality is severely compromised or if the customer's geo-location indicates they are outside India during the session?
- 1The official can allow the customer to upload a pre-recorded video or selfie if connectivity fails.
- 2The V-KYC process must be terminated if live video quality is compromised or if GPS coordinates indicate the customer is outside India.✓
- 3The bank can bypass verification if a copy of identity proof is sent via mobile messaging applications.
- 4The official is permitted to complete the KYC using standard voice calls if the video feed is unclear.
Correct answer
The V-KYC process must be terminated if live video quality is compromised or if GPS coordinates indicate the customer is outside India.
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