Module: General Practice
Q22: Under the Prevention of Money Laundering (Maintenance of Records) Amendment Rules, 2013, to whom must Principal Officers of banks report information on cash transactions where Counterfeit Notes have been detected?
✅ Correct Answer: D
Reports must go to the Financial Intelligence Unit-India (FIU-IND). This aligns the RBI Rules on Counterfeit Notes with anti-money laundering frameworks.