Who oversees the compliance of banks with KYC/AML norms on a day-to-day operational level?

Under the PMLA, who is responsible for initiating investigations into suspected laundering activities?

The power of RBI to issue KYC/AML directions to banks is derived from which legal provision?

Which of the following is not a function of the Financial Intelligence Unit - India (FIU-IND)?

Which authority ensures that suspicious banking transactions are tracked and reported to the government?

FIU-IND primarily focuses on which function in India's financial crime ecosystem?

The Reserve Bank of India (RBI) plays which of the following roles in India’s AML framework?

Which legislation forms the foundation for Anti-Money Laundering efforts in India?

Under AML compliance, “layering” refers to:

The frequency of STR or CTR reporting is governed by:

Which of these does not typically form part of KYC due diligence documentation?

What mechanism helps prevent opening of multiple bank accounts under false identities?

A KYC breach caused by accepting forged identity documents points to a failure in which pillar?

For customers from economically weaker sections with small accounts, the KYC update cycle is typically:

A letter issued by the National Population Register is considered:

If a bank observes rapid movement of funds with no clear economic rationale, the bank must:

The frequency of KYC review is determined primarily by:

Which component of KYC is involved when reviewing whether a customer’s transactions match their profile?

What is the role of FIU-IND in the AML ecosystem?

Under FATF recommendations, financial institutions must especially monitor:

A “Customer Acceptance Policy” must ensure:

The purpose of linking Aadhaar with bank accounts is most closely related to which KYC goal?

In accordance with RBI’s AML measures, recordkeeping of transactions is mandated for a minimum of:

Which among the following customers would not typically be categorized as high-risk?

A jeweller who deposits large sums in cash regularly is best classified under which risk category?

In the context of KYC, what is the primary risk of failing to classify a customer accurately at the onboarding stage?

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

Which type of customer is most likely to fall under enhanced due diligence protocols due to transaction complexity and geographic exposure?

What collaborative step was taken by the Ministry of Finance, RBI, and NPCI in June 2025?

Where was the PAN-bank verification API deployed by NPCI in June 2025?

What is the key benefit of NPCI’s new PAN-bank verification API introduced in June 2025?

Which NPCI product is used for toll payments using FASTag?

What does UPI primarily facilitate?

Which of the following products is based on biometric authentication under NPCI (National Payments Corporation Of India) ?

What is the main objective of NPCI (National Payments Corporation Of India) ?

When was the NPCI (National Payments Corporation Of India) established?

What is another name commonly used for CDM/ADWM?

Which type of accounts can accept deposits through CDMs?

What is a key feature of a Cash Deposit Machine (CDM)?

Why do banks prefer Brown Label ATMs?

In a Brown Label ATM, who owns the ATM hardware?

Which of the following is a security feature found in Biometric ATMs?

What distinguishes a Biometric ATM from a regular ATM?

Which authentication method is commonly used in Micro ATMs?

What is a primary use of Micro ATMs in rural areas?

Which company introduced the first White Label ATM in India under the brand name IndiCash?

Which ATM type is a handheld device used by Business Correspondents in rural areas?

An ATM located inside a company exclusively for employee use is called:

Which label of ATM is dedicated to serving women's banking needs?

Which ATM type is designed to cater specifically to e-commerce-related transactions?