Financial Action Task Force is: a (a) A wing under the Central Economic Intelligence Bureau b (b) A division of Enforcement Directorate c (c) A global money laundering and terrorist financing watchdog d (d) A UN Anti-Corruption Agency

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Q: 62 (CDS-II/2024)
Financial Action Task Force is:
a (a) A wing under the Central Economic
Intelligence Bureau
b (b) A division of Enforcement Directorate
c (c) A global money laundering and terrorist
financing watchdog
d (d) A UN Anti-Corruption Agency

question_subject: 

General Knowledge

question_exam: 

CDS-II

The Financial Action Task Force (FATF) is an intergovernmental organization established to combat money laundering and terrorist financing. It sets international standards to prevent illegal financial activities and foster global cooperation on financial regulations.