In January 2020, the RBI has amended the KYC norms allowing banks and other lending institutions regulated by it to use V-CIP. What does 'V' stand for in V-CIP?

In January 2020, the RBI has amended the KYC norms allowing banks and

1.	In January 2020, the RBI has amended the KYC norms allowing banks and other lending institutions regulated by it to use V-CIP. What does 'V' stand for in V-CIP?
A.	Video
B.	Virtual
C.	Voice
D.	Vacancy
E.	Vocal
Answer» B. Virtual

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In January 2020, the RBI has amended the KYC norms allowing banks and other lending institutions regulated by it to use V-CIP. What does 'V' stand for in V-CIP?

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