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      Question

      Which organization signed an MoU with RBI to improve

      coordination under the Prevention of Money Laundering Act (PMLA)?
      A NaBFID Correct Answer Incorrect Answer
      B SEBI Correct Answer Incorrect Answer
      C FIU-IND Correct Answer Incorrect Answer
      D NDB Correct Answer Incorrect Answer
      E NHB Correct Answer Incorrect Answer

      Solution

      The Financial Intelligence Unit – India (FIU-IND) signed an MoU with the RBI to strengthen coordination for implementing the Prevention of Money Laundering Act (PMLA) . The agreement involves sharing intelligence , improving compliance mechanisms , appointing nodal officers , and conducting joint training for regulated entities.

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