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Correct Answer: B: FATF
Explanation: The Financial Action Task Force is an international organization that monitors countries regarding money laundering, terror financing, and financial transparency. Pakistan remained under FATF monitoring for several years before significant improvements were acknowledged internationally. FATF-related reforms pushed Pakistan to strengthen banking regulations, financial monitoring systems, and anti-terror financing laws. Questions regarding FATF are highly important in Current Affairs because the organization directly impacts Pakistan’s economy, foreign investment environment, and international financial credibility.
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