Q53: When are Regulated Entities (REs) required to undertake countermeasures called for by an international or intergovernmental organisation?

Immediately upon publication by the organisation.

Only when the organisation is a member of the FATF.

When India is a member of the organisation and the countermeasures have been accepted by the Central Government.

REs are not required to undertake such countermeasures; only the Central Government is.

✅ Correct Answer: C

Countermeasures are required when India is a member of the calling organization and the Central Government accepts them.

This sovereign discretion is a key concept in RBI KYC Guidelines MCQs.

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