Which of the following obligations are laid down by Section 12 of Prevention of Money Laundering Act 2002 on banking companies, financial institutions and intermediaries?
I. maintain a record of all transactions
II. maintain record of documents evidencing identity of its clients and beneficial owners
III. Keep all the information maintained or furnished as confidential
Explanation: Section 12 of Prevention of Money Laundering Act: 1) Every reporting entity shall: (a) maintain a record of all transactions, including information relating to transactions covered under clause (b), in such manner as to enable it to reconstruct individual transactions; (b) furnish to the Director within such time as may be prescribed, information relating to such transactions, whether attempted or executed, the nature and value of which may be prescribed; (e) maintain record of documents evidencing identity of its clients and beneficial owners as well as account files and business correspondence relating to its clients.
Which characteristic best defines Basmati rice among other types?
In an offset harrow, number of gangs is/are
A series of still pictures on one roll is called:
Recommendation to control weeds in pearl millet crop through herbicides is pre emergence application of?
The most common method of propagation in Banana?
Use of microorganisms to remove or detoxify pollutants, usually as contaminants of soils, water or sediments that otherwise intimidate human health is k...
_____ is the cost that have already been incurred and cannot be recovered.
The time required for the runoff water to flow from the most remote point of the watershed area to the outlet is called
Lac insect has which type of mouth part
The interspecific interaction when one species benefits and the other remains unaffected:
