Question
The Foreign Account Tax Compliance Act (FATCA), to which
Indian financial institutions must adhere for reporting foreign assets, was enacted by which country?Solution
FATCA is a US federal law requiring all non-US financial institutions to search their records for customers with US citizenship or residency and report them to the US Treasury.
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A train 180 meters long is moving at a speed of 72 km/h. How long will it take to cross a platform 120 meters long?
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