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Financial Act Task Force (FATF) Statement I is correct - : It is an inter-governmental body that was established in 1989 during the G7 Summit in Paris in 1989. Statement II is correct - : The FATF revises the blacklist regularly, adding or deleting entries. In 2022, Iran and the Democratic People's Republic of Korea (DPRK) are under High-risk Jurisdiction or black list. Statement III correct -: It is an inter-governmental policymaking body. It assesses the strength of a country’s anti-money laundering and anti-terror financing frameworks, however, it does not go by individual cases. Its Secretariat is located at the Organisation for Economic Cooperation and Development (OECD) headquarters in Paris. The FATF currently has 39 members including two regional organisations - the European Commission and Gulf Cooperation Council. India is a member of the FATF. Lists under FATF: Grey List: Countries that are considered safe haven for supporting terror funding and money laundering are put in the FATF grey list. This inclusion serves as a warning to the country that it may enter the blacklist. Black List: Countries known as Non-Cooperative Countries or Territories (NCCTs) are put in the blacklist.
Select the most appropriate option to fill in the blank.
A ______ mind rarely meets a dead end; it continues the search for the answers.
The Reserve Bank of India has ………… Master directions on the issuance and operation of prepaid payment instruments (PPI) in t...
The coming year may be better for growth but there are some_________ too.
(A) risks          (B) chances      Â...
Don't put all your eggs in one ___________.
The ministry is now formulating a new policy that is ……….. to address the …………….. of the elderly.
Choose the option that provides the most appropriate and contextually fitting word for each blank.
The teacher asked the students to _______...
In Hindu mythology, when Shiva opens his third eye, it is considered a terrible warning for the cosmos.______________. In somewhat similar fashion, in ...
Directions: Below given sentences contain two blanks. Fill in the blanks with appropriate words.Â
The chef used a unique combination of spices...
Jane used volunteering as an ___________ to help her come to terms with her husband’s death.Â
Choose the correct answer to fill the given blank
The company's profits _____ last year.