96. 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
97. The Insurance Regulatory and Development Authority of India (IRDAI) was established in which year?
a) 1999
b) 2001
c) 2003
d) 2005
98. 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
99. 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
100. The Competition Commission of India (CCI) has the power to investigate and impose penalties for anti-competitive agreements and abuse of dominant position in which sector?
a) Telecommunications
b) Banking
c) Power and electricity
d) All of the above
