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Consider the following statements:
Statement-I: India has been positioned in the "regular follow-up" category by the Financial Action Task Force (FATF) for its effective anti-money laundering and counter-terrorism financing system.
Statement-II: The FATF Mutual Evaluation Report on India emphasizes the need for substantial improvements in prosecuting cases related to money laundering and terrorism financing.
Which one of the following is correct in respect of the above statements?
  • a)
    Both Statement-I and Statement-II are correct and Statement-II explains Statement-I
  • b)
    Both Statement-I and Statement-II are correct, but Statement-II does not explain Statement-I
  • c)
    Statement-I is correct, but Statement-II is incorrect
  • d)
    Statement-I is incorrect, but Statement-II is correct
Correct answer is option 'A'. Can you explain this answer?
Verified Answer
Consider the following statements:Statement-I: India has been positio...
Statement-I correctly mentions India's categorization by the FATF in the "regular follow-up" category for its anti-money laundering and counter-terrorism financing system. Statement-II complements Statement-I by noting the specific emphasis in the FATF report on the need for substantial enhancements in prosecuting cases related to money laundering and terrorism financing. Thus, both statements are accurate, with Statement-II explaining the importance of the FATF's focus on improvements in prosecution.
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Consider the following statements:Statement-I: India has been positioned in the "regular follow-up" category by the Financial Action Task Force (FATF) for its effective anti-money laundering and counter-terrorism financing system.Statement-II: The FATF Mutual Evaluation Report on India emphasizes the need for substantial improvements in prosecuting cases related to money laundering and terrorism financing.Which one of the following is correct in respect of the above statements?a)Both Statement-I and Statement-II are correct and Statement-II explains Statement-Ib)Both Statement-I and Statement-II are correct, but Statement-II does not explain Statement-Ic)Statement-I is correct, but Statement-II is incorrectd)Statement-I is incorrect, but Statement-II is correctCorrect answer is option 'A'. Can you explain this answer?
Question Description
Consider the following statements:Statement-I: India has been positioned in the "regular follow-up" category by the Financial Action Task Force (FATF) for its effective anti-money laundering and counter-terrorism financing system.Statement-II: The FATF Mutual Evaluation Report on India emphasizes the need for substantial improvements in prosecuting cases related to money laundering and terrorism financing.Which one of the following is correct in respect of the above statements?a)Both Statement-I and Statement-II are correct and Statement-II explains Statement-Ib)Both Statement-I and Statement-II are correct, but Statement-II does not explain Statement-Ic)Statement-I is correct, but Statement-II is incorrectd)Statement-I is incorrect, but Statement-II is correctCorrect answer is option 'A'. Can you explain this answer? for UPSC 2024 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about Consider the following statements:Statement-I: India has been positioned in the "regular follow-up" category by the Financial Action Task Force (FATF) for its effective anti-money laundering and counter-terrorism financing system.Statement-II: The FATF Mutual Evaluation Report on India emphasizes the need for substantial improvements in prosecuting cases related to money laundering and terrorism financing.Which one of the following is correct in respect of the above statements?a)Both Statement-I and Statement-II are correct and Statement-II explains Statement-Ib)Both Statement-I and Statement-II are correct, but Statement-II does not explain Statement-Ic)Statement-I is correct, but Statement-II is incorrectd)Statement-I is incorrect, but Statement-II is correctCorrect answer is option 'A'. Can you explain this answer? covers all topics & solutions for UPSC 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Consider the following statements:Statement-I: India has been positioned in the "regular follow-up" category by the Financial Action Task Force (FATF) for its effective anti-money laundering and counter-terrorism financing system.Statement-II: The FATF Mutual Evaluation Report on India emphasizes the need for substantial improvements in prosecuting cases related to money laundering and terrorism financing.Which one of the following is correct in respect of the above statements?a)Both Statement-I and Statement-II are correct and Statement-II explains Statement-Ib)Both Statement-I and Statement-II are correct, but Statement-II does not explain Statement-Ic)Statement-I is correct, but Statement-II is incorrectd)Statement-I is incorrect, but Statement-II is correctCorrect answer is option 'A'. Can you explain this answer?.
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Here you can find the meaning of Consider the following statements:Statement-I: India has been positioned in the "regular follow-up" category by the Financial Action Task Force (FATF) for its effective anti-money laundering and counter-terrorism financing system.Statement-II: The FATF Mutual Evaluation Report on India emphasizes the need for substantial improvements in prosecuting cases related to money laundering and terrorism financing.Which one of the following is correct in respect of the above statements?a)Both Statement-I and Statement-II are correct and Statement-II explains Statement-Ib)Both Statement-I and Statement-II are correct, but Statement-II does not explain Statement-Ic)Statement-I is correct, but Statement-II is incorrectd)Statement-I is incorrect, but Statement-II is correctCorrect answer is option 'A'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of Consider the following statements:Statement-I: India has been positioned in the "regular follow-up" category by the Financial Action Task Force (FATF) for its effective anti-money laundering and counter-terrorism financing system.Statement-II: The FATF Mutual Evaluation Report on India emphasizes the need for substantial improvements in prosecuting cases related to money laundering and terrorism financing.Which one of the following is correct in respect of the above statements?a)Both Statement-I and Statement-II are correct and Statement-II explains Statement-Ib)Both Statement-I and Statement-II are correct, but Statement-II does not explain Statement-Ic)Statement-I is correct, but Statement-II is incorrectd)Statement-I is incorrect, but Statement-II is correctCorrect answer is option 'A'. Can you explain this answer?, a detailed solution for Consider the following statements:Statement-I: India has been positioned in the "regular follow-up" category by the Financial Action Task Force (FATF) for its effective anti-money laundering and counter-terrorism financing system.Statement-II: The FATF Mutual Evaluation Report on India emphasizes the need for substantial improvements in prosecuting cases related to money laundering and terrorism financing.Which one of the following is correct in respect of the above statements?a)Both Statement-I and Statement-II are correct and Statement-II explains Statement-Ib)Both Statement-I and Statement-II are correct, but Statement-II does not explain Statement-Ic)Statement-I is correct, but Statement-II is incorrectd)Statement-I is incorrect, but Statement-II is correctCorrect answer is option 'A'. Can you explain this answer? has been provided alongside types of Consider the following statements:Statement-I: India has been positioned in the "regular follow-up" category by the Financial Action Task Force (FATF) for its effective anti-money laundering and counter-terrorism financing system.Statement-II: The FATF Mutual Evaluation Report on India emphasizes the need for substantial improvements in prosecuting cases related to money laundering and terrorism financing.Which one of the following is correct in respect of the above statements?a)Both Statement-I and Statement-II are correct and Statement-II explains Statement-Ib)Both Statement-I and Statement-II are correct, but Statement-II does not explain Statement-Ic)Statement-I is correct, but Statement-II is incorrectd)Statement-I is incorrect, but Statement-II is correctCorrect answer is option 'A'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice Consider the following statements:Statement-I: India has been positioned in the "regular follow-up" category by the Financial Action Task Force (FATF) for its effective anti-money laundering and counter-terrorism financing system.Statement-II: The FATF Mutual Evaluation Report on India emphasizes the need for substantial improvements in prosecuting cases related to money laundering and terrorism financing.Which one of the following is correct in respect of the above statements?a)Both Statement-I and Statement-II are correct and Statement-II explains Statement-Ib)Both Statement-I and Statement-II are correct, but Statement-II does not explain Statement-Ic)Statement-I is correct, but Statement-II is incorrectd)Statement-I is incorrect, but Statement-II is correctCorrect answer is option 'A'. Can you explain this answer? tests, examples and also practice UPSC tests.
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