n NISM Certifications
XVII NISM Series XVII
Medium

Bank details have to be provided while opening a Tier II NPS account. Which proof has to be submitted for verifying the bank details?

Practice question from NISM Series XVII- Retirement Adviser Mock Test 2 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    A letter from the Bank Manager

  2. B

    Bank Pass Book Attested copy

  3. Cancelled Cheque

    Correct answer

  4. D

    All of the above

Why this is the answer

A cancelled cheque is used to verify bank details such as the bank name, branch, and MICR code, and is the standard proof required during account setup.

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