Consider the following statements about 'Financial Action Task Force (FATF)':
1. Apart from the 35 nations, European Commission and Organization of Petroleum Exporting Countries (OPEC) are also the members of FATF.
2. India, Pakistan and China are the members of FATF.
3. FATF shares its headquarters with the World Economic Forum.
Which of the above statement(s) is/are incorrect?

1 and 2

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2 and 3

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1 and 3

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1, 2 and 3

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Solution

The correct option is D 1, 2 and 3
In response to mounting concern over money laundering, the Financial Action Task Force on Money Laundering (FATF) was established by the G-7 Summit that was held in Paris in 1989. The FATF currently comprises 35 member nations and 2 regional organisations, European Commission and the Gulf Co-operation Council. India and China are members of FATF but Pakistan is not. The FATF shares its headquarters with the Organisation for Economic Co-operation and Development (OECD) in Paris. So none of the given statements are correct.

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Similar questions

Q31) Consider the statements about Financial Action Task Force:

1. The FATF Secretariat is housed at the headquarters of the OECD in Paris.

2. India is a member of this task force.

3.The mandate of the organisation includes stopping terrorist financing and money laundering.

Which of the above statements is/are correct?

Q10. Consider the following statements about FATF:

1. FATF is an initiative of the G7 countries to combat money laundering.

2. The FATF Secretariat is housed at the headquarters of the OECD in Paris.

Which of the following statements are correct?

Q. Consider the following statements:
1. Organisation of the Petroleum Exporting Countries (OPEC) is an intergovernmental organisation of twelve oil producing countries.
2. Ecuador and Venezuela are members of the OPEC which are non-Arab countries.

Which of the statements given above is/are correct?

Q. Consider the following statements:

Which of the given above statement/s is/are incorrect?

Q. निम्नलिखित कथनों पर विचार कीजिए:

फाइनेंशियल एक्शन टास्क फोर्स (FATF) एक अंतर-सरकारी निकाय है, जिसकी स्थापना पेरिस में G7 शिखर सम्मेलन के दौरान वर्ष 1989 में की गई थी।
इसका सचिवालय पेरिस में आर्थिक सहयोग और विकास संगठन (OECD) के मुख्यालय में स्थित है।
FATF द्वारा ग्रे लिस्टिंग करने पर केवल अंतर्राष्ट्रीय मुद्रा कोष (IMF) एवं विश्व बैंक द्वारा आर्थिक प्रतिबंध आरोपित किए जाते हैं।

उपर्युक्त कथनों में से कौन-सा/से सही नहीं है/हैं?

1 only
1 केवल
3 only
3 केवल
1, 2 and 3
1, 2 और 3
1 and 2 only
1 और 2 केवल

Q17. Consider the following statements:

1. The Shanghai Cooperation Organization (SCO) is an intergovernmental organization founded in Shanghai in 2001 by six countries.

2. Russia, Tajikistan, and Uzbekistan are founding members of SCO.

3. With assistance from the Asian Development Bank and the United Nations Economic and Social Commission for Asia and the Pacific, SCO members have developed an intergovernmental agreement on facilitating international road transport.

Which of the above statements are correct?

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