One of the major challenges banking industry is facing these days is money laundering. Which of the following acts/ norms are launched by the banks to prevent money laundering in general? [BOB 2008]

Narcotics and Psychotropic Substance Act

One of the major challenges banking industry is facing these days is m

1.	One of the major challenges banking industry is facing these days is money laundering. Which of the following acts/ norms are launched by the banks to prevent money laundering in general? [BOB 2008]
A.	Know Your Customer Norms
B.	Banking Regulation Act
C.	Negotiable Instrument Act
D.	Narcotics and Psychotropic Substance Act
Answer» B. Banking Regulation Act

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One of the major challenges banking industry is facing these days is money laundering. Which of the following acts/ norms are launched by the banks to prevent money laundering in general? [BOB 2008]

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