Challenger App

No.1 PSC Learning App

1M+ Downloads
A bank staff member is trained to identify red flags such as structured deposits and layering. This activity falls under which KYC-related function?

ALegal compliance filing

BTransaction-based interest computation

CAnti-Money Laundering surveillance

DCustomer grievance redressal

Answer:

C. Anti-Money Laundering surveillance

Read Explanation:

.


Related Questions:

Bad debts are deducted from
The old name of Central Bank
What does NABARD use as a key performance indicator while supervising RRBs?
Both assignment and nomination are possible in the case of --- insurance policies.
Agriculture Credit department was organised in the year ....