To prevent the use of the financial system for money laundering.

To promote economic growth.

To reduce poverty.

To improve the standard of living.

The process of converting illegally obtained money into legitimate money.

The process of transferring money from one bank account to another.

The process of investing money in a business.

The process of borrowing money from a bank.

Placement, layering, and integration.

Deposit, withdrawal, and transfer.

Borrowing, lending, and investing.

Buying, selling, and trading.

To collect, analyze, and disseminate information on suspicious financial transactions.

To investigate money laundering cases.

To prosecute money laundering cases.

To regulate the financial sector.

Imprisonment for up to 10 years and a fine of up to Rs. 10 lakh.

Imprisonment for up to 7 years and a fine of up to Rs. 5 lakh.

Imprisonment for up to 5 years and a fine of up to Rs. 2 lakh.

Imprisonment for up to 3 years and a fine of up to Rs. 1 lakh.

To regulate the financial sector.

To investigate money laundering cases.

To prosecute money laundering cases.

To collect, analyze, and disseminate information on suspicious financial transactions.

To report all suspicious financial transactions to the FIU.

To report all cash transactions above a certain threshold to the FIU.

To report all cross-border transactions to the FIU.

All of the above.

To regulate the securities market.

To investigate money laundering cases.

To prosecute money laundering cases.

To collect, analyze, and disseminate information on suspicious financial transactions.

To investigate money laundering cases.

To prosecute money laundering cases.

To seize and freeze assets.

All of the above.

To investigate money laundering cases.

To prosecute money laundering cases.

To seize and freeze assets.

All of the above.

The United Nations Convention against Illicit Traffic in Narcotic Drugs and Psychotropic Substances.

The International Monetary Fund's Special Data Dissemination Standard.

The Financial Action Task Force's 40 Recommendations.

All of the above.

Lack of awareness among financial institutions.

Lack of cooperation from foreign jurisdictions.

Lack of resources.

All of the above.

The Prevention of Money Laundering (Amendment) Act, 2012.

The Prevention of Money Laundering (Amendment) Act, 2015.

The Prevention of Money Laundering (Amendment) Act, 2018.

All of the above.

It helps to prevent the use of the financial system for money laundering.

It helps to combat the financing of terrorism.

It helps to protect the integrity of the financial system.

All of the above.

The increasing use of technology for money laundering.

The globalization of the financial system.

The emergence of new money laundering techniques.

All of the above.