current affairs MCQ #4719

What does FATF stand for?

current affairs MCQ #4719

  1. Question 1

    Q1. What does FATF stand for?

    • A) Financial Action Task Force
    • B) Federal Anti-Terrorism Fund
    • C) Financial Audit and Transparency Forum
    • D) Fiscal Accountability and Transparency Framework

    Answer: Financial Action Task Force

    Explanation: FATF stands for Financial Action Task Force, an intergovernmental organization founded in 1989 to set global standards for combating money laundering, terrorist financing, and other threats to the international financial system.