Q. With reference to Financial Action Task Force (FATF) consider the following statements:
1.It is an international watchdog for financial crimes such as money laundering and terror financing. 
2.India is not a member of FATF.
3.It’s headquarter is at Vienna, Austria.
Select the correct statement using the code given below:

[A] 1 and 3 only

[B] 1 only

[C] 2 and 3 only

[D] 3 only

Answer: B
Notes:

Statement 1: Financial Action Task Force (FATF) is an international watchdog for financial crimes such as money laundering and terror financing.

Statement 2: The statement is incorrect. FATF currently has 39 members. India is a member country.

Statement 3: The FATF Secretariat is located at the OECD headquarters in Paris.

Source: https://www.thehindu.com/news/international/fatf-asia-pacific-group-rates-pakistan-low-on-10-out-of-11-international-goals-on-anti-money-laundering-combating-terror-finance-report/article65885587.ece

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