If the check box is selected, Kaspersky application automatically searches for updates for installed applications and downloads and installs the available updates if this does not require your consent to new end user license agreements.
In settings, you must select which application updates must be installed:
Important updates that improve computer security means that only important updates will be installed that fix software vulnerabilities and improve the security of your computer.
All updates for known applications means all updates will be installed.
Clicking this link opens the Exclusions window with the list of exclusions. Skipped updates of installed applications are placed into the exclusions list. You can skip individual updates as well as all updates for a specific application installed on your computer.