KYC Interview Questions and Answers (Basic to Expert) Basic to Expert-Level KYC Interview Questions and Answers This detailed list covers frequently asked KYC (Know Your Customer) interview questions across levels. It’s organized from beginner to expert level and tailored for candidates preparing for banking, NBFC, fintech, and compliance roles. ✅ Easy Level (Beginner) Question 1: What is KYC? Why is it important? Answer: KYC stands for Know Your Customer. It is important because it helps prevent fraud, money laundering, and financial crime by verifying customer identity. Question 2: What documents are collected for KYC? Answer: PAN card, Aadhaar card, passport, voter ID, driving license, utility bill, or bank statement. Question 3: What is the difference between KYC and AML? Answer: KYC verifies customer identity. AML (Anti-Money Laundering) is broader and includes detecting and reporting suspicious activity. KYC is part of AML. Question 4: Wh...
Top Sectors for Investment in India (2025) As of May 2025, India's stock market presents several promising sectors for investors, driven by robust economic indicators, government initiatives, and sector-specific growth dynamics. Here are some key sectors and representative stocks to consider: 1. Banking & Financial Services Why It Matters: Strong credit growth, improved asset quality, and favorable interest rate outlooks bolster this sector. Representative Stocks: HDFC Bank, ICICI Bank, State Bank of India (SBI), Bajaj Finance. Insights: Analysts highlight robust fundamentals and increasing investor interest in Indian banks. Read more 2. Infrastructure & Capital Goods Why It Matters: Government-led capital expenditure and infrastructure development drive growth. Representative Stocks: Larsen & Toubro (L&T), PNC Infratech, HG Infra Engineering, IRB Infrastructure Developers. Insights: Analysts have identified several top-performing...