How many years in prison for each money laundering transaction?

How many years in prison for each money laundering transaction?
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What would happen if Banks involved in Money laundering were suddenly all hit with a virus that knocked out all their clients and accounts?

Description : What would happen if Banks involved in Money laundering were suddenly all hit with a virus that knocked out all their clients and accounts?

Last Answer : Probably a bit like when governments seize assets of people they label terrorists or criminals, except involving more people and probably only being somewhat temporary in most cases (because banks tend to have ... of behavior that they aren't willing to give (and/or see no preferable alternative).

How long has this "internet money laundering" scam been going on?

Description : How long has this "internet money laundering" scam been going on?

Last Answer : Its a 419 scam (probably from Nigeria). You give them your bank details – they take your money.

Which is the main motive of money laundering?

Description : Which is the main motive of money laundering?

Last Answer : If you've made lots of money illegally, odds are you'll eventually want to spend some of that money. And spending money you have no "official" reason to have tends to eventually get the authorities interested in ... It's a way to provide a "clean" source of the money so that you can use it openly.

What is the purpose of KYC in banking? A. It is used for customer identification B. It is used for increasing the CRR of banks C. It is used against money laundering D. It is used by the central bank to control liquidity E. Both (A) and (C)

Description : What is the purpose of KYC in banking? A. It is used for customer identification B. It is used for increasing the CRR of banks C. It is used against money laundering D. It is used by the central bank to control liquidity E. Both (A) and (C)

Last Answer : E. Both (A) and (C) Explanation: Know your customer (KYC) is the process of a business verifying the identity of its clients. Know your customer policies are becoming much more important globally to prevent identity theft, financial fraud, money laundering and terrorist financing.

Under which Act are the KYC norms implemented? A. SEBI Act 1992 B. Foreign Contribution and Regulation Act, 1976 C. Prevention of Money laundering Act 2002 D. Banking Regulation Act, 1949 E. Both (C) and (D)

Description : Under which Act are the KYC norms implemented? A. SEBI Act 1992 B. Foreign Contribution and Regulation Act, 1976 C. Prevention of Money laundering Act 2002 D. Banking Regulation Act, 1949 E. Both (C) and (D)

Last Answer : C. Prevention of Money laundering Act 2002 Explanation: KYC guidelines/instructions are issued under under Prevention of Money laundering Act PMLA, 2002.

AML means a) Authorized monitory limitation b) Advance Mail Line c) Anti money laundering d) None of these

Description : AML means a) Authorized monitory limitation b) Advance Mail Line c) Anti money laundering d) None of these

Last Answer : c) Anti money laundering

Which of the following is not a reason why digital cash has turned out to be extremely difficult? a. If your system crashes you lose your money b. There is only one standard c. Digital cash makes money laundering easy d. Digital cash travels across the vast Internet and is susceptible to begin stolen

Description : Which of the following is not a reason why digital cash has turned out to be extremely difficult? a. If your system crashes you lose your money b. There is only one standard c. Digital ... makes money laundering easy d. Digital cash travels across the vast Internet and is susceptible to begin stolen

Last Answer : b. There is only one standard

Is it better to use paper towels, or keep laundering cheap hand towels?

Description : Is it better to use paper towels, or keep laundering cheap hand towels?

Last Answer : Better from what point of view? Cheaper, definitely, to use inexpensive cloth hand towels and wash them. Use them a couple dozen times until they fall apart, and replace them. (This is what I do) But easier, of course, to use paper towels and throw them away.

Can I ignore these laundering instructions?

Description : Can I ignore these laundering instructions?

Last Answer : I am a barbarian. I machine wash pretty much everything except silk. I do cold, delicate cycle for a few things, but in this case of yours I personally would do regular stuff, warm wash, cold rinse, hang dry.

Laundering cat urine out of a cotton rug?

Description : Laundering cat urine out of a cotton rug?

Last Answer : Pull out as much as you can by moistening the spot with water, then apply a dry paper towel to absorb the moisture. Do this several times. Then launder with plenty of soap, a normal application of bleach, and a good measure of baking soda. Rinse well.

In the United States the average number of gallons per person of fresh water used per day for personal (non-industrial) use such as bathing, laundering, drinking, and the like is approximately: w) 10 gallons x) 30 gallons y) 60 gallons z) 90 gallons

Description : In the United States the average number of gallons per person of fresh water used per day for personal (non-industrial) use such as bathing, laundering, drinking, and the like is approximately: w) 10 gallons x) 30 gallons y) 60 gallons z) 90 gallons 

Last Answer : ANSWER: Z -- 90 GALLONS

Ashwin borrowed a sum of Rs.6, 300 from Mishra at the rate of 14% for 3 years. He then added some more money to the borrowed sum and lent it to Ramesh at the rate of 16% of simple interest for the same time. If Ashwin gained Rs.618/- in the whole transaction, then what sum did he lend to Ramesh? a) Rs.6600 b) Rs.6800 c) Rs.4800 d) Rs.9800 e) Rs.8500

Description : Ashwin borrowed a sum of Rs.6, 300 from Mishra at the rate of 14% for 3 years. He then added some more money to the borrowed sum and lent it to Ramesh at the rate of 16% of simple interest for the same time. If ... sum did he lend to Ramesh? a) Rs.6600 b) Rs.6800 c) Rs.4800 d) Rs.9800 e) Rs.8500

Last Answer : Suppose Ashwin lend Rs. x to Ramesh then, Xx16x3/100 - (X – 6300) × 14 × 3/100 = 618......(1) From equation I , x = Rs. 6800 Answer: b)

Apparently Ariel Castro, the guy who kidnapped and held those three women in Cleveland for ten years, hung himself in his prison cell last night. Is this justice? Is this a good outcome?

Description : Apparently Ariel Castro, the guy who kidnapped and held those three women in Cleveland for ten years, hung himself in his prison cell last night. Is this justice? Is this a good outcome?

Last Answer : answer:I think an exit like Jeffrey Dahmer’s would have been more appropriate, but that’s just me. Good riddance, asshole.

What kind of sentence is "Life in prison without parole plus 1000 years?"?

Description : What kind of sentence is "Life in prison without parole plus 1000 years?"?

Last Answer : In the eyes of the law the guilty must be punished on every count, this sick fuck faced a ton of them. I almost expected the judge to mimic the Count from Sesame Street as he read out each indictment.

Israel's President was just escorted to prison where he will spend the next seven years for rape, and all kinds of other offenses; can you believe it?

Description : Israel's President was just escorted to prison where he will spend the next seven years for rape, and all kinds of other offenses; can you believe it?

Last Answer : answer:Good for Israel. Now if the US justice department would have the same attitude about the Fast and Furious gun runners I would be pleased. Not just the peons, but the upper management that was supposed to know what was going on.

Would you hire an employee that once was in prison for two years?

Description : Would you hire an employee that once was in prison for two years?

Last Answer : 1st question – depends primarily on why he was in prison for 2 years. 2nd question – no.

Is 65 years or more in prison a more severe punishment than the dealth penalty?

Description : Is 65 years or more in prison a more severe punishment than the dealth penalty?

Last Answer : I think its pretty harsh, when they get out of prison, they will have nothing. And that would hurt bad.

Would you eat one hundred million skittles for one hundred million dollars but you only get one hundred days to do it and if you don’t you are sent to an underwater prison for 100 years why or why not ?

Description : Would you eat one hundred million skittles for one hundred million dollars but you only get one hundred days to do it and if you don’t you are sent to an underwater prison for 100 years why or why not ?

Last Answer : It would literally be impossible to eat that many and any serious attempt would probably kill you

How many years did Bakunini suffer in prison ?

Description : How many years did Bakunini suffer in prison ?

Last Answer : Bakunin was tortured for 11 years in prison.

Would you return to face 6 years in prison to spare a friend's life in a similar situation What is your rationale?

Description : Would you return to face 6 years in prison to spare a friend's life in a similar situation What is your rationale?

Last Answer : Need answer

How many years the priests stayed in prison?

Description : How many years the priests stayed in prison?

Last Answer : Feel Free to Answer

How many years will the man be in prison for raping and killing about 1000 women and girls?

Description : How many years will the man be in prison for raping and killing about 1000 women and girls?

Last Answer : Prison sentences vary greatly from case to case; however, thedefendant will certainly spend the rest of their life in prison(and the state may cut that life short). IMO, either he'll besentenced to 1000 life ... 10,000+ years to be precise; 10+years per r*pe and murder) or be sentenced to death.

After how many consecutive years without any transaction a saving account is treated as silent account? a) 2 years b) 3 years c) 4 years d) 5 years

Description : After how many consecutive years without any transaction a saving account is treated as silent account? a) 2 years b) 3 years c) 4 years d) 5 years

Last Answer : b) 3 years

If a MO is received payable to a minor a) It can be paid to the minor if he is old enough to understand the nature of the transaction b) When the minor is under years of discretion and is living with his parents, payment will be made to his parents on signing the MO on behalf of the minor c) When the minor is under years of discretion and is not living with his parents, payment can be made to person in whose care the minor is living on getting an undertaking d) All the above

Description : If a MO is received payable to a minor a) It can be paid to the minor if he is old enough to understand the nature of the transaction b) When the minor is under years of discretion and is living ... can be made to person in whose care the minor is living on getting an undertaking d) All the above

Last Answer : d) All the above

How many Kohls coupons can I use on each transaction?

Description : How many Kohls coupons can I use on each transaction?

Last Answer : At the Kohl's website, it states that you can use up to two coupon codes per order. If you have more than two coupon codes, you will need to wait until you have another order to place before ... them. You also may not use more than one coupon code at a time that includes a percentage off discount.

Alfa Company Limited acquired the business of M/s Bharat Traders. The valuation of the items acquired was-building Rs. 1,20,000; machinery Rs. 80,000 and stock-in-trade Rs. 30,000. The company issued in lieu of the above items 800, 10% debentures of Rs. 100 each at par and 15,000 equity shares of Rs. 10 each. How much was the flow of funds in the above transaction ? (A) Rs. 2,30,000 (B) Rs. 1,00,000 (C) Rs. 50,000 (D) Rs. 30,000

Description : Alfa Company Limited acquired the business of M/s Bharat Traders. The valuation of the items acquired was-building Rs. 1,20,000; machinery Rs. 80,000 and stock-in-trade Rs. 30,000. The company issued in lieu of the above items 800, ... ) Rs. 2,30,000 (B) Rs. 1,00,000 (C) Rs. 50,000 (D) Rs. 30,000

Last Answer : Answer: Rs. 30,000

A man sells two houses at the rate of Rs.1.995 lakh each. On one he gains 5% and on the other he loses 5%. His gain or loss per cent in the whole transaction is a) 0.25% loss b) 0.25% gain c) 2.5% loss d) 2.5% gain e) 1.25% loss

Description : A man sells two houses at the rate of Rs.1.995 lakh each. On one he gains 5% and on the other he loses 5%. His gain or loss per cent in the whole transaction is a) 0.25% loss b) 0.25% gain c) 2.5% loss d) 2.5% gain e) 1.25% loss

Last Answer : a) 0.25% loss

A house and shop were sold for Rs. 1 lakh each. In this transaction the house sell resulted into 20% loss whereas the shop sell resulted into 20% of profit. The entire transaction resulted in: A. no loss no gain B. loss of Rs 1/12 lakh C. loss of Rs 4lakh D. gain of Rs 6lakh

Description : A house and shop were sold for Rs. 1 lakh each. In this transaction the house sell resulted into 20% loss whereas the shop sell resulted into 20% of profit. The entire transaction resulted in: A. no loss no gain B. loss of Rs 1/12 lakh C. loss of Rs 4lakh D. gain of Rs 6lakh

Last Answer : Answer – B (loss of Rs. 1/12 lakh) Explanation – Total S.P = Rs. 2 lakh. C.P of house = Rs. (100/80 x 1)lakh = Rs 5/4 lakh C.P of shop = Rs. (100/120 x 1)lakh = Rs. 5/6 lakh Total C.P = Rs. (5/4 + 5/6)lakh = Rs. 25/12 lakh ∴ loss = Rs.(25/12 – 2)lakh = Rs. 1/12 lakh.

A man sells two flats at the rate of Rs. 2 lakhs each. On one he gains 3% and on the other, he loses 3%. His gain or loss % in the whole transaction is A. 9% loss B. 2% loss C. 3% loss D. 25% loss

Description : A man sells two flats at the rate of Rs. 2 lakhs each. On one he gains 3% and on the other, he loses 3%. His gain or loss % in the whole transaction is A. 9% loss B. 2% loss C. 3% loss D. 25% loss

Last Answer : Answer – A (0.09% loss) Explanation – Loss% = X^2/100=(3)^2/100 % =0.09%

A shopkeeper sells two watches for Rs 308 each. On one watch he earns 12% profit and on the others he suffers 12% loss. His profit or loss in the entire transaction was: 1. 1(11/25)% loss 2. 1(11/25)% gain 3. 3(2/25)% loss 4. 3(2/25)% gain

Description : A shopkeeper sells two watches for Rs 308 each. On one watch he earns 12% profit and on the others he suffers 12% loss. His profit or loss in the entire transaction was: 1. 1(11/25)% loss 2. 1(11/25)% gain 3. 3(2/25)% loss 4. 3(2/25)% gain

Last Answer : 3. 3(2/25)% loss

.A shopkeeper sells two watches for Rs 308 each. On one watch he earns 12% profit and on the others he suffers 12% loss. His profit or loss in the entire transaction was: 1. 1(11/25)% loss 2. 1(11/25)% gain 3. 3(2/25)% loss 4. 3(2/25)% gain

Description : .A shopkeeper sells two watches for Rs 308 each. On one watch he earns 12% profit and on the others he suffers 12% loss. His profit or loss in the entire transaction was: 1. 1(11/25)% loss 2. 1(11/25)% gain 3. 3(2/25)% loss 4. 3(2/25)% gain

Last Answer : . 3(2/25)% loss

During a merger and acquisition transaction, the ability to find and use good comparable data for a valuation is relatively ____________. a) easy because each successful company within an industry uses the same ratios b) easy because public stock price fluctuation is not sufficient or erratic enough to make a difference c) difficult because book value is adjusted in small companies as FIFO is the method of choice and in public companies’ book value is static due to LIFO d) difficult because size differential, management depth, product diversity and access to lines of credit seldom match the company being valued

Description : During a merger and acquisition transaction, the ability to find and use good comparable data for a valuation is relatively ____________. a) easy because each successful company within an industry ... depth, product diversity and access to lines of credit seldom match the company being valued

Last Answer : d) difficult because size differential, management depth, product diversity and access to lines of credit seldom match the company being valued

A/an …………… is every Promise and every set of promises , forming consideration for each other (a) Offer (b) Agreement (c) Acceptance (d) Transaction

Description : A/an …………… is every Promise and every set of promises , forming consideration for each other (a) Offer (b) Agreement (c) Acceptance (d) Transaction

Last Answer : (b) Agreement

What will the society be like if there is no money transaction, but using skill trading instead?

Description : What will the society be like if there is no money transaction, but using skill trading instead?

Last Answer : There has to be some sort of money for modern society to work. Bartering or skill trading can work on a very local level, but if you want to buy goods on the internet you're going to need more ... like Star Trek-well, that would be really something to see. But, that isn't really bartering either.

What is the sharing part in "sharing economy" when it's straight forward service for money transaction?

Description : What is the sharing part in "sharing economy" when it's straight forward service for money transaction?

Last Answer : Taxes.

When refunding someone's money through PayPal, is it possible for them to get their full amount back, or will there always be a transaction fee sucked out of the full amount?

Description : When refunding someone's money through PayPal, is it possible for them to get their full amount back, or will there always be a transaction fee sucked out of the full amount?

Last Answer : answer:If I remember correctly (and if they haven't changed their policies), I think the transaction fee is only taken from the seller. No fee is deducted from the buyer. That should include refunds. ... stuff. (Like having proof that you refunded them.) You want to keep all of that linked together.

Why is money transaction system better than barter system ? -SST 10th

Description : Why is money transaction system better than barter system ? -SST 10th

Last Answer : (i) Transaction system is better than barter system because double coincidence of wants creates problem. (ii) For example, shoe manufacturer wants to sell shoes in the market and wants to ... use; money by providing the crucial intermediate step eliminates the need for double coincidence of wants.

Can I take a loan with a mobile mortgage ? I need some money for a visa. I told one , you give me so much money with my mobile. If I can do my job then you will take the mobile. And if it doesn't work, I will pay all the money in three months. Is this type of transaction permissible ?

Description : Can I take a loan with a mobile mortgage ? I need some money for a visa. I told one , you give me so much money with my mobile. If I can do my job then you will take the mobile. And if it doesn't work, I will pay all the money in three months. Is this type of transaction permissible ?

Last Answer : This type of transaction will not be permissible. Because it is not permissible to get any benefit from the borrower in return for the loan. That includes interest. In the case in question, ... bin Masood agreed. That said , the conditional contract involves interest. (Sahih Ibn Hibban 1053)

What is the name of the newly launched money transaction app ?

Last Answer : The newly launched Money Transaction app is called D Money.

The demand for money, according to Keynes, is for - (1) speculative motive (2) transaction motive (3) precautionary motive (4) All the above motives

Description : The demand for money, according to Keynes, is for - (1) speculative motive (2) transaction motive (3) precautionary motive (4) All the above motives

Last Answer : (3) precautionary motive Explanation: According to Keynes, money is demanded because of three motives -transaction, precautionary and speculative. The first two motives provide yield of convenience ... third motive provides money yield. Keynes has termed demand for money as liquidity preference.

An ECS transaction gets bounced and you are unable to recover your money from your customer. Under which Act criminal action can be initiated? A. Negotiable Instrument Act 1881 B. Criminal Procedure Code C. Payment and Settlement Systems Act 2007 D. Indian Companies Act 1956

Description : An ECS transaction gets bounced and you are unable to recover your money from your customer. Under which Act criminal action can be initiated? A. Negotiable Instrument Act 1881 B. Criminal Procedure Code C. Payment and Settlement Systems Act 2007 D. Indian Companies Act 1956

Last Answer : C. Payment and Settlement Systems Act 2007 Explanation: Under the Section 25 of Payment and Settlement Systems (PSS) Act, 2007, dishonour of an electronic fund transfer instruction due to insufficiency ... fine or both, similar to the dishonour of a cheque under the Negotiable Instruments Act 1881.

What is the name of entry which is used in Bank Column cash book to record the money transaction?

Description : What is the name of entry which is used in Bank Column cash book to record the money transaction?

Last Answer : Contra entry

In banking ATM stands for (1) Automated Tallying Machine (2) Automatic Teller Machine (3) Automated Totalling Machine (4) Automated Transaction of Money

Description : In banking ATM stands for (1) Automated Tallying Machine (2) Automatic Teller Machine (3) Automated Totalling Machine (4) Automated Transaction of Money

Last Answer : (2) Automatic Teller Machine

Price is A)the value that is exchanged for products in a marketing transaction. B)always money paid in a marketing transaction. C)more important to buyers than sellers. D)usually the most inflexible marketing mix decision variable.

Description : Price is A)the value that is exchanged for products in a marketing transaction. B)always money paid in a marketing transaction. C)more important to buyers than sellers. D)usually the most inflexible marketing mix decision variable.

Last Answer : A)the value that is exchanged for products in a marketing transaction.

If someone keeps some money for bad days, this demand for money is known by ……. motive of money (a) Speculative ; (b) Transaction ; (c) Precautionary ; (d) Store

Description : If someone keeps some money for bad days, this demand for money is known by ……. motive of money (a) Speculative ; (b) Transaction ; (c) Precautionary ; (d) Store 

Last Answer :  (c) Precautionary ;

The demand for money, according to Keynes, is for (1) speculative motive (2) transaction motive (3) precautionary motive (4) All the above motives

Description : The demand for money, according to Keynes, is for (1) speculative motive (2) transaction motive (3) precautionary motive (4) All the above motives

Last Answer : precautionary motive

Do indoor cats and dogs feel like they are in prison?

Description : Do indoor cats and dogs feel like they are in prison?

Last Answer : I hope not. Vanta has gone from being an indoor-outdoor cat to an indoor cat. I know she misses her trees and squirrels, but there is nothing for it at this point.

Bill Cosby is to be released from prison because his conviction on sexual assault was thrown out. Do you think he should be freed?

Description : Bill Cosby is to be released from prison because his conviction on sexual assault was thrown out. Do you think he should be freed?

Last Answer : I don’t think he should be a free man, but I don’t see how he can be kept in prison if his conviction was overturned.

If crime is actually significantly reduced in the United States, what becomes of the prison economy?

Description : If crime is actually significantly reduced in the United States, what becomes of the prison economy?

Last Answer : &*%$ the prison “economy”! Hopefully, the prison “economy” dies a horrible death. Ideally, the people responsible for the prison “economy”‘s existence and perpetuation would be identified, investigated, and treated as poorly by society and the legal system as the law allows.