Q. KYC –Know Your Customer is to identify the Customer, whereas AML- Anti Money Laundering is to identify the Source of Income: (Solved)
1. False
2. True
3. True only in case of small amounts
4. Not necessary in all cases
5. Any of the above
- b. True
1. False
2. True
3. True only in case of small amounts
4. Not necessary in all cases
5. Any of the above