New Enroll in RBI Grade B New Batch - Starts on May 21

    Question

     In Financial terms, Money Laundering is?

    A Illegal process of concealing the origins of money. Correct Answer Incorrect Answer
    B Illegal process of concealing the transferring of money. Correct Answer Incorrect Answer
    C Only A Correct Answer Incorrect Answer
    D Only B Correct Answer Incorrect Answer
    E A and B both Correct Answer Incorrect Answer

    Solution

    Money laundering is the illegal process of concealing the origins of money obtained illegally by passing it through a complex sequence of banking transfers or commercial transactions.

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