Question
Which of the following risk assessment measures is
required by Regulated Entities (REs) for monitoring and managing money laundering (ML) and terrorist financing (TF) risks?Solution
REs are mandated to implement a Risk-Based Approach (RBA) to identify, assess, and manage ML and TF risks effectively. This involves evaluating risks associated with different customers, products, and geographical areas.
Pipe ‘A’ can fill a tank in 60 hours whereas leak ‘A’ can empty it in 70 hours. If they both operate along with pipe ‘B’, then the given tan...
- A pipe can fill a tank in 36 minutes while another pipe can drain the full tank in 48 minutes. Calculate how much time both pipes working together will tak...
There are 8 inlet and (x-4) outlet pipes attached to a tank. Each inlet pipe takes 24 hours to fill the tank, and each outlet pipe empties the fully fil...
There are four pipes A, B, C and D where A and B are used to fill the tank and C and D are used to empty the tank. Pipe A and C together can fill the ta...
- Pipe A can fill a tank in 20 hours and pipe B in 30 hours. If both the pipes are opened in an empty tank, how much time will they take to fill it?
Two vessels 'A' and 'B' contains 480 litres, each of pure milk and pure water, respectively. 120 litres of milk is withdrawn from vessel 'A' and poured ...
- Pipe 'A' is 5 times as efficient as pipe 'B'. Pipe 'C', which is one-fifth as efficient as pipe 'B', can fill a tank alone in 25 hours. Find difference bet...
Tap ‘A’ and tap ‘B’ can fill a tank in 56 hours and 49 hours, respectively. If both taps are opened together, then find the time after which tap...
Inlet pipes 'A' and 'B' can fill a tank in 24 minutes and 40 minutes, respectively. Both the pipes are opened together to fill the tank. When the tank i...
- Tap 'A' can fill a tank 'X' in 36 minutes while it takes 54 minutes when there is a leakage tank 'Y'. If tap 'B' is 33(1/3)% less efficient than tap 'A', t...
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