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Banking Sample Paper SBI Clerk Grade (Main) Sample Test Paper-2

  • question_answer
    In the field of business and finance, AML is the abbreviated form of

    A)  Association for Mormon Letters

    B)  Algebraic Modeling Language

    C)  Anti-Money Laundering

    D)  Acton Main Line

    E)  Association of Muslim Lawyers

    Correct Answer: C

    Solution :

     AML stands for Anti-money laundering. It is a term mainly used in the financial and legal industries to describe the legal controls that require financial institutions and other regulated entities to prevent, detect and report money laundering activities.


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