71. The Reserve Bank of India (RBI) has the power to issue guidelines and regulations for which mode of electronic fund transfer in India?
a) National Electronic Funds Transfer (NEFT)
b) Real-Time Gross Settlement (RTGS)
c) Immediate Payment Service (IMPS)
d) Unified Payments Interface (UPI)
72. The Prevention of Money Laundering Act (PMLA) in India defines “proceeds of crime” as any property derived or obtained, directly or indirectly, by any person as a result of which activities?
a) Drug trafficking
b) Terrorism
c) Smuggling
d) All of the above
73. The Insurance Regulatory and Development Authority of India (IRDAI) was established in which year?
a) 1999
b) 2001
c) 2003
d) 2005
74. The Securities and Exchange Board of India (SEBI) was established with the objective of protecting the interests of which group of stakeholders?
a) Investors
b) Depositors
c) Borrowers
d) Creditors
75. The Prevention of Money Laundering Act (PMLA) in India requires banks to verify the identity of their customers and maintain records of their transactions as per which document?
a) Know Your Customer (KYC) norms
b) Anti-Money Laundering (AML) guidelines
c) Customer Due Diligence (CDD) procedures
d) Suspicious Transaction Reporting (STR) requirements
