1. A Cash Transaction Report (CTR) must be submitted to FIU-IND for aggregate cash deposits/withdrawals exceeding what amount in a month?
?2 Lakh
?5 Lakh
?50,000
?10 Lakh
Explanation:
Banks must report all cash transactions of the value of more than ?10 Lakh or its equivalent in foreign currency (integrally connected series of transactions in a month) to FIU-IND by the 15th of the succeeding month.
2. The Cash Transaction Report (CTR) for a month must be submitted to FIU-IND by the:
15th of the succeeding month.
30th of the succeeding month.
7th of the succeeding month.
End of the quarter.
Explanation:
Banks must file the CTR for transactions occurring in a calendar month by the 15th day of the following month.