πŸ“’ Too many exams? Don’t know which one suits you best? Book Your Free Expert πŸ‘‰ call Now!

  • google app store apple app store
  • βœ–

      Question

      Financial Intelligence Unit-India signed MoUs with SEBI

      and PFRDA in April 2026. Which of the following acts governs these MoUs?
      A SEBI Act, 1992 Correct Answer Incorrect Answer
      B Companies Act, 2013 Correct Answer Incorrect Answer
      C Prevention of Money Laundering Act, 2002 Correct Answer Incorrect Answer
      D RBI Act, 1934 Correct Answer Incorrect Answer
      E Information Technology Act, 2000 Correct Answer Incorrect Answer

      Solution

      The MoUs operate under the Prevention of Money Laundering Act, 2002 (PMLA), Prevention of Money Laundering (PML) Rules 2005, and Egmont Principles of Information Exchange. The MoUs aim to enhance data sharing, strengthen fraud detection, and curb money laundering and terror financing.

      Practice Next
      ask-question