Financial Intelligence Unit - India (FIU-IND)
Consider the following statements about Financial Intelligence Unit - India (FIU-IND):
- It is a central regulatory authority responsible for the analysis and processing of the data related to suspected financial transactions done across India and outside India.
- It acts as central repository for the data base on cash transactions and suspicious transactions.
Choose the correct answer from the code given below:
Both 1 and 2
Neither 1 nor 2