n NISM Certifications
V-A NISM Series V-A
Medium

For KYC verification, __________ is not accepted as a photo identity document for Micro SIPs.

Practice question from NISM Series V A - Mock Test 6 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. Credit Card

    Correct answer

  2. B

    Employee ID cards issued by companies registered with the Registrar of Companies

  3. C

    Card issued to National Pension System (NPS) subscribers

  4. D

    Photo Debit Card

Why this is the answer

Credit cards are not accepted as photo identity documents for KYC verification, as they may not be backed by a bank account and do not serve as valid proof of identity in this context.

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