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.
P, Q, and R enter a partnership by investing their capital in the ratio of 2/5 :3/4: 5/8. After 4 months, P increased his capital by 50%, but Q decrease...
The savings of I and J are the same. The difference between J's expenditure and the savings of I and J together equals 0. J's income is Rs. 54,000, and ...
A and B together start a business with investment of Rs. 1800 and Rs. (x + 900), respectively. If the profit earned after 5 years is Rs. 7000 and share ...
A and B started a business with the investments of Rs. (y-2000) and Rs. (y+4000) respectively. After 4 months of the start of the business, B left it an...
A invested Rs. ‘x’ for 3 months, then added Rs. 600 for another four months and left the business. B invested Rs. ‘x’ for the remaining period o...
Three partners Karan, Arjun and Mukesh invest Rs 75,000, Rs 90,000, Rs 1,05,000 respectively in a business. Karan receives 12.5% of the profit as Manage...
- Neha and Nisha started a firm with investments of Rs. 7,200 and Rs. 10,800 respectively. Nisha withdrew her capital after a few months. The profit at year-...
A and B enter into partnership. A invests some money at beginning, B invests thrice the amount after 5 months and C invests double the amount after 9 mo...
- A started a venture with Rs. (P + 1500). After 6 months, B entered with Rs. 2P. If the ratio of B’s profit share to A’s is 6:7, find (P − 500).
‘P’ invested Rs. 3000 in a business. ‘Q’ joined x months later with an investment of Rs. 2000. If at the end of the year, Q’s share in the pro...
Relevant for Exams:
