One of the major challenges banking industry is facing these days is money laundering. Which of the following acts/ norms are launched by the banks to prevent money laundering in general?

Narcotics and Psychotropic Substance Act

One of the major challenges banking industry is facing these days is m

1.	One of the major challenges banking industry is facing these days is money laundering. Which of the following acts/ norms are launched by the banks to prevent money laundering in general?
A.	Know Your Customer Norms
B.	Banking Regulation Act
C.	Negotiable Instrument Act
D.	Narcotics and Psychotropic Substance Act
Answer» B. Banking Regulation Act

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One of the major challenges banking industry is facing these days is money laundering. Which of the following acts/ norms are launched by the banks to prevent money laundering in general?

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