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Question

Which of the following is the first step towards opening of bank account?

A
Verification
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B
Document received
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C
Application submission
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D
Choice of bank
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Solution

The correct option is D Choice of bank
The steps involved in opening a bank account are:
  1. Choosing a bank
  2. Filling an application form
  3. Submission of the application
  4. Verification of the form
  5. Documents received
  6. Account opened

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