Economics · Economy
Under the Reserve Bank of India (RBI) guidelines for financial inclusion, a consumer lacking standard Officially Valid Documents (OVDs) can open a 'Small Account' based on which minimal initial requirement?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1A valid government pension disbursement order copy
- 2A self-attested photograph and signature or thumb impression made in the physical presence of an authorized bank officer✓
- 3Compulsory digital biometrics matching via Aadhaar infrastructure only
- 4Submission of a recent certified utility bill from a registered provider
Correct answer
A self-attested photograph and signature or thumb impression made in the physical presence of an authorized bank officer
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