66. The Prevention of Money Laundering Act (PMLA) in India requires reporting entities, such as banks and financial institutions, to maintain records of transactions for a minimum period of how many years?
a) 3 years
b) 5 years
c) 7 years
d) 10 years
67. The Insurance Regulatory and Development Authority of India (IRDAI) is responsible for regulating and overseeing which types of insurance in India?
a) Life insurance
b) General insurance
c) Health insurance
d) All of the above
68. The Prevention of Money Laundering Act (PMLA) in India empowers which agency to conduct searches and seizures in cases related to money laundering?
a) Central Bureau of Investigation (CBI)
b) Enforcement Directorate (ED)
c) Income Tax Department
d) National Investigation Agency (NIA)
69. The Reserve Bank of India (RBI) issues currency notes of various denominations under which act?
a) Negotiable Instruments Act
b) Banking Regulation Act
c) Reserve Bank of India Act
d) Companies Act
70. The Prevention of Money Laundering Act (PMLA) in India provides for the establishment of which authority to hear appeals against the orders of the Adjudicating Authority?
a) Appellate Tribunal for Forfeited Property (ATFP)
b) Appellate Tribunal for Prevention of Money Laundering (ATPML)
c) Appellate Tribunal for Income Tax (ATIT)
d) Appellate Tribunal for Foreign Exchange (ATFE)
