Statement-The government has made quoting of Aadhaar mandatory for opening of…
IBPS · 2020
Statement-The government has made quoting of Aadhaar mandatory for opening of bank accounts as well as for any financial transaction of 50,000 and above.
(I) The government in its Budget 2017 has already mandated seeding of Aadhaar number with Permanent Account Number (PAN) to avoid individuals using multiple PANs to evade taxes.
(II) Aadhaar is more secure and reliable than PAN for bank account transactions.
(III) Aadhaar number is issued by the Unique Identification Authority of India (UIDAI).
Which of the following statement can be concluded from the given statement?
- A.
All except II
- B.
Both II and III
- C.
Only I
- D.
Only I and II
- E.
None of the above
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