MCQ
PMLA / FIU-IND MCQ - Practice Questions with Answers
Solve 1 PMLA / FIU-IND questions for RAS/RPSC preparation.
Practice questions
Q1Consider the following statements: 1. Virtual Digital Asset Service Providers were brought under the AML/CFT framework of the PMLA in March 2024. 2. Acting as nodal officer under Section 79(3)(b) of the IT Act, 2000 and Rule 3(1)(d) of the IT (Intermediary Guidelines and Digital Media Ethics Code) Amendment Rules, 2025, the Director of FIU-IND issued notices to remove from public access apps and URLs of the non-compliant entities. Which of the statements given above is/are correct?
Explanation
Statement 1 is incorrect because VDA SPs were brought under the AML/CFT framework in March 2023, not March 2024. Statement 2 is correct as stated in the release. Hence only statement 2 is correct.
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