Question
Consider the following about Prevention of Money Laundering Act.
Consider the following about Prevention of Money Laundering Act.
I. PMLA was enacted in 2002 and it came into force in 2005.
II. The PLMA has been amended two times, that is, in 2009 and 2012.
III. The provisions of this act are applicable Reserve bank of India. Which of the above statement is/are incorrect?
More Banking System in India Questions
- What is the tenure of the SGB?
- As per the accounting standards, the impairment loss on a revalued asset is recognised in _______
- Under the Mudra Scheme, the category covering loans between ₹50,000 to ₹5,00,000 is called:
- What kind of organizational structure combines a vertical chain of command with horizontal reporting requirements?
- Central Registry of Securitization Asset Reconstruction and Security Interest(CERSAI) is under which provision?
- PM SVANidhi allows street vendors to avail an initial loan of ___________.
- Which of the following taxes is not an indirect tax?
- How many digits are there in MMID issued by the bank upon registration?
- According to the provisions of the Companies Act related to independent directors, which of the following statements is correct?
- According to the IFSCA (Banking) Regulations 2020, what type of accounts can individual's resident in India hold with an IFSC Banking Unit?
Hey! Ask a query
Please enter email id
The email must be a valid email address.
Please enter Mobile Number
Please enter valid Mobile Number
Please enter your Doubt
Think You're Ready for RBI Grade B?
RBI Grade B 2026 Phase 1 Memory Based Paper
- 200 Questions with Detailed Solutions
- Section-wise Coverage (GA, English, Quant & Reasoning)