Question
Who is responsible for ensuring compliance with the
obligations imposed under Chapter IV of the PML Act and for reporting to the Financial Intelligence Unit - India (FIU-IND)?Solution
The Designated Director is appointed by the RE to ensure compliance with the PML Act and report to FIU-IND. The Principal Officer handles monitoring and reporting transactions but cannot serve as the Designated Director.
What does the Ayurveda Aahara initiative by FSSAI and Ministry of Ayush promote?
Which recent initiative has been credited by Defence Minister Rajnath Singh for contributing to the growth in India's defence production?
Which state government has introduced the first AI-based smart fence project, named ‘Ele-fence’, to reduce human-wildlife conflict?
What is the primary focus of the CGS-NPF scheme launched by the Union Food and Consumer Affairs Minister?
What unique discovery was made in the Western Ghats?
What financial incentives were approved by Raksha Mantri for Service athletes who won medals in the 2023 Asian Games and Asian Para Games?
What was India’s net FDI figure in September 2025?
- The warship ‘Tavasya’ launched by GSL is a part of which defence project?
What is the provisioning requirement during the operational phase for non-CRE infrastructure projects?
- What was the growth rate of NBFC lending in 2024?
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