2024 · Q42
Financial Action Task Force is:
General KnowledgeStatic General Awareness
- AA wing under the Central Economic Intelligence Bureau
- BA division of Enforcement Directorate
- CA global money laundering and terrorist financing watchdog
- DA UN Anti-Corruption Agency
Explanation
The Financial Action Task Force, set up in 1989 on a G7 initiative, is the intergovernmental body that sets global standards against money laundering and terrorist financing and evaluates countries' compliance through mutual evaluations and grey/black lists. It is not a wing of India's Central Economic Intelligence Bureau or Enforcement Directorate, nor a UN anti-corruption agency. Hence option C is correct.