Multiple choice general knowledge

Which among the following is central, national agency/ministry responsible for receiving, processing, analyzing and disseminating information relating to suspect financial transactions to enforcement agencies and foreign agencies?

  1. Revenue Intelligence

  2. Financial Intelligence Unit India (FIU-IND)

  3. SEBI

  4. Ministry of finance

Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

The Financial Intelligence Unit-India (FIU-IND) is the central national agency responsible for receiving, processing, analyzing and disseminating information relating to suspect financial transactions to enforcement agencies and foreign agencies. Established in 2004, it functions under the Department of Revenue, Ministry of Finance and is India's primary agency for implementing anti-money laundering and counter-terrorist financing measures.