Current Questions
Money-laundering And Its Prevention :
Financial Intelligence Unit
Consider the following statements with reference to the Financial Intelligence Unit – India (FIU-IND):
- The FIU- IND was set up by the Government of India in 2005 as the central national agency responsible for receiving, processing, analyzing and disseminating information relating to suspect financial transactions.
- FIU-IND is an independent body reporting directly to the Economic Intelligence Council (EIC) headed by the Finance Minister.
Choose the correct answer from the codes given below:
| A |
Only 1
|
|
| B |
Only 2
|
|
| C |
Both 1 and 2
|
|
| D |
Neither 1 nor 2
|
|
Financial Intelligence Unit - India (FIU-IND)
Consider the following statements vis-à-vis Financial Intelligence Unit - India (FIU-IND):
- FIU-IND works under the aegis of NITI Aayog.
- CEO Niti Aayog acts as its Director.
- FIU-IND is an independent body reporting directly to the Economic Intelligence Council.
Choose the correct answer from the code given below:
| A |
3 only
|
|
| B |
2 and 3 only
|
|
| C |
1, 2 and 3
|
|
| D |
1 and 3 only
|
|
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:
| A |
Only 1
|
|
| B |
Only 2
|
|
| C |
Both 1 and 2
|
|
| D |
Neither 1 nor 2
|
|
Showing 1-3 of 3 items.
