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Question
The main function of the financial action task force ( FATE ) is to combat ----
Money laundering
Corruption
Double taxation
Black money
ANSWER : 1
Descrption
<p>The Financial Action Task Force (on Money Laundering) (FATF), also known by its French name, Groupe d'action financière (GAFI), is an intergovernmental organisation founded in 1989 on the initiative of the G7 to develop policies to combat money laundering.</p> <p>In 2001, its mandate was expanded to include terrorism financing.</p>
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