MCQOPTIONS
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| 1. |
Banks are required to monitor transactions of suspicious nature for reporting to the authorities under anti- money laundering measures. The purpose of reporting is: |
| A. | Combating finance of terrorism |
| B. | To check hawala transactions |
| C. | To check the inflow of crime money |
| D. | To check inflow of the money earned out of sale of narcotics |
| E. | All the above |
| Answer» F. | |