Who signs the rupee note? Long form of KYC?
Understand the Problem
The question is asking about the signatures on a rupee note and the full form of KYC, which is important in banking and finance. The first part tests knowledge of who signs the currency notes in India, while the second part focuses on what KYC stands for.
Answer
Rupee note: RBI Governor; KYC: Know Your Customer
The final answer is: Rupee note is signed by the RBI Governor. Long form of KYC is Know Your Customer.
Answer for screen readers
The final answer is: Rupee note is signed by the RBI Governor. Long form of KYC is Know Your Customer.
More Information
Rupee notes of denominations Rs. 2 and above are signed by the RBI Governor, while Rs. 1 notes are signed by the Secretary, Ministry of Finance. KYC is a process that allows banks to understand and verify the identity and address of their clients.
Sources
- SALIENT FEATURES OF GENUINE CURRENCY NOTES BY RBI - anscbank.in
- What is KYC in Banking - Federal Bank - federalbank.co.in
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