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This question belongs to Abbreviations Banking Abbreviations

Banking Abbreviations

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What is the full form of "AML"?

A) Anti-Money Laundering B) Asset Linked with Market C) Annual Mobility Linked D) Association of Margin Lendors

Answer & Solution

Correct Answer: Option A

Anti-money laundering (AML) refers to the activities financial institutions perform to achieve compliance with legal requirements to actively monitor for and report suspicious activities.

Question posted by Examveda

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