SarkariPYQ

SSC CPO 2019 PYQ — Question 100

SSC CPO Tier I - 11th December 2019 - Shift 1 • General Awareness • Q100

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Which of the following bodies is primarily concerned with maintaining the integrity of the international financial system?

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Correct answer: C

Explanation

The correct answer is Option 3 i.e. FATF.

         The Financial Action Task Force (FATF)
  • FATF is an intergovernmental organization founded in 1989.
  • FATF was established on the initiative of the G7 countries.
  • It is primarily concerned with maintaining the integrity of the international
    financial system.
  • The FATF has developed to ensure a coordinated global response to prevent organized crime, corruption, and terrorism.
  • The headquarters of FATF is in Paris.