Module: General Practice
Q10: A "Suspicious transaction" is a transaction that gives rise to a reasonable ground of suspicion for all of the following reasons except:
✅ Correct Answer: B
While high-value transactions are monitored, high value alone is not a defining characteristic of a "Suspicious transaction". The grounds include unusual complexity or no economic rationale.
This nuance is critical for RBI KYC Guidelines MCQs.
This nuance is critical for RBI KYC Guidelines MCQs.