Multiple choice

For opening an account of a company, under Prevention of Money Laundering Act, 2002, which of the following documents is not mandatory?

  1. Officially valid document in respect of person to operate the account

  2. Certificate of Incorporation and Resolution from Board of Directors

  3. Memorandum of Association and Articles of Association

  4. None of the above
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

For opening an account of a company, under Prevention of Money Laundering Act, 2002, all the documents listed in the options are required. Thus, option 4 is the correct answer.

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