What is the main objective of FATF?
Correct answer: B. Stop terror financing
- A. Combat terrorism
- B. Stop terror financing
- C. Place counties in the black lists.
- D. None of these
Explanation
FATF works to prevent money laundering and the financing of terrorism, with terrorist financing being the closest option given. Its role is broader than merely placing countries on blacklists, which are a consequence of non-compliance rather than its main objective.
Last updated
About International Organizations
International Organizations covers the purposes, headquarters, membership, structure and major functions of bodies such as the United Nations, WHO, UNESCO, IMF, World Bank, WTO, OIC, SAARC and NATO. It distinguishes their fields, such as health, finance, trade, security and regional cooperation, along with notable treaties and offices.
Practise International Organizations
555 free International Organizations MCQs from General Knowledge, each with the correct answer and an explanation. Unlimited attempts, no account needed.
Exams that ask General Knowledge questions like this
General Knowledge is on 58 papers prepared for on TestUstad, and all of them draw the same bank, so this question is worth knowing for every one of them.