Q15
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
AnswerAnswer: Option E
Solution
Answer: Option E
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