Multiple choice

Which of the following statements is/are incorrect?

  1. The Central Board of Direct Taxes (CBDT) is a part of the Department of Revenue in the Ministry of Finance, Government of India.
  2. It is India's official Financial Action Task Force unit.

  1. Only 1

  2. Only 2

  3. Both of these

  4. Neither of these
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

The Central Board of Direct Taxes (CBDT) is a part of the Department of Revenue in the Ministry of Finance, Government of India. It is India's official FATF unit. The purpose of the FATF is to develop policies to combat money laundering and terrorism financing.

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