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What is KYC ?

1) What exactly is KYC ?

2) What is it’s exact purpose (Why has Government enacted it ?)

3) Can it be useful in any way in PREVENTING FRAUD AGAINST THE iNVESTOR ?

4) Is CDSL (CVL) the only agency maintaining KYC Data ?

5) In which types of Investments is KYC done (or Compulsory) & who maintains the Data in each case ?

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