Question
Under the Prevention of Money Laundering Act (PMLA),
2002, which of the following is a "reporting entity" under the Act?Solution
Explanation: •Section 2(p) of the PMLA, 2002 defines a "reporting entity" as any person or institution involved in financial transactions that are required to report suspicious activities to the Financial Intelligence Unit (FIU). •This includes banks, financial institutions, and securities intermediaries, among others.
On January 1st, 2009 an entity's balance sheet showed total assets of Rs. 750 and liabilities of Rs. 250. Owners' equity at January 1st was?
Select the correct balanced equation for the reaction Al₂(SO₄)₃ + BaCl₂ → AlCl₃ + BaSO₄.
What is the definition of a factory under the Occupational Safety, Health and working conditions Code 2020?
Consider the following statements with respect to the Union Council of Ministers
1. Functions of the council of ministers are determined by th...
Match List-I (Commission/Commitee) with List-II (Chairman) and select the correct answer using the code given below the lists:
If 15% of A: 25% of B:: 8 : 11, then A : B is equal to:
Which element is structural part of hemoglobin of our blood ?
निम्नलिखित में से कौन सा/से ऑस्ट्रेलिया के संविधान से नही�...
Who is considered a part of an insured person's family?
I. Spouse only
II. Minor legiti...
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