Q10 · UPSC current affairs · 28 September 2026 · News · Foreign Contribution Regulation Act and Proposed Amendments

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What is the primary objective of FATF Recommendation 8, as noted in the context of the Foreign Contribution (Regulation) Act?

A Targeting the potential misuse of non-profit organizations for terrorism financing
B Establishing digital banking standards for sovereign wealth funds
C Enforcing uniform corporate tax rates across developing nations
D Regulating international maritime trade routes and custom duties

Correct answer: (a) Targeting the potential misuse of non-profit organizations for terrorism financing

Explanation

Option A is correct because FATF Recommendation 8 specifically targets international standards to prevent the misuse of non-profit organizations for terrorism financing. The other options refer to domains outside the scope of this recommendation.

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