Teaching UGC NET Mock Test Series 2025 (Paper 1 & 2) Banking and Financial Institutions Financial Institutions
Which of the following statements are correct regarding the Financial Intelligence Unit-India (FIU-IND)?
1. It is the central national agency for investigating cases relating to suspect financial transactions.
2. It is vested with quasi-judicial powers under the Prevention of Money Laundering Act, 2002.
3. It is under the purview of the Ministry of Finance.
Select the correct answer using the code given below.
1
1 and 2 only
2
2 and 3 only
3
1 and 3 only
4
1, 2 and 3