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Current AffairsCurrent Affairs 2026
PrevNext

Recently, who became the first Indian person to be the Vice-President of the Financial Action Task Force (FATF) in Paris?

A

Manoj Jain

B

Vivek Agarwal

C

Navneet Singh

D

Rajesh Jakhar

Correct Answer

ЁЯУ░ CA тАв Current Affairs Current AffairsCurrent AffairsCurrent Affairs 2026
Option B

Vivek Agarwal

Quick Summary:

Vivek Agarwal becomes the first Indian Vice-President of the Financial Action Task Force (FATF) in Paris.

ЁЯУ░CACurrent Affairs SolutionCurrent Affairs
ЁЯУМ Key Fact
Vivek Agarwal becomes the first Indian Vice-President of the Financial Action Task Force (FATF) in Paris.
ЁЯМР Context & Background

This landmark appointment signifies India's growing influence in global financial governance, particularly in combating money laundering and terrorist financing ┬╖ The FATF plays a crucial role in setting standards for effective measures against these financial crimes ┬╖ Agarwal's position reflects India's commitment to enhancing global economic stability and regulatory frameworks.

ЁЯФС Key Facts for Exam
  • тЦ╕

    Vivek Agarwal appointed as Vice-President of FATF on June 5, 2026.

  • тЦ╕

    First Indian to hold this position in the history of FATF.

  • тЦ╕

    FATF is an intergovernmental organization based in Paris.

  • тЦ╕

    The FATF was established in 1989 to combat money laundering and terrorist financing.

ЁЯФЧ Related Schemes / Events
Financial Action Task ForceGlobal Financial Governance
тЬЕ

B is correct тАФ Vivek Agarwal is the first Indian Vice-President of FATF.

Core Concepts Used
Click any tag to open in AI Tutor
Financial Action Task Force money laundering terrorist financing
ЁЯТб EXAM TIP

Remember that FATF's key role relates to financial security, similar to how the RBI oversees banking stability in India.

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