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  • Exam Code: CAMS-FCI
  • Exam Name: Advanced CAMS-Financial Crimes Investigations
  • Version: V15.35     Q & A: 208 Questions and Answers

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NEW QUESTION: 1
HOTSPOT
You manage an Azure Solution that processes highly sensitive data.
Existing roles are not suited to the granular access control that is required for this data.
You need to recommend solutions to limit access to the data based on selected restrictions.
What should you recommend?

Answer:
Explanation:

Explanation: Managed Service Identity (MSI)
Conditional Access for Azure management
Role based Access Control

NEW QUESTION: 2
Which of the following would not be defined as an "interested person," under the Investment Company Act
of 1940?
A. All of the above would be defined as interested persons under the Investment Company Act of 1940.
B. an employee of the company
C. the spouse of an officer of the company
D. a person who owns at least 5% of the voting stock of the company
Answer: A
Explanation:
All of the choices describe entities who would be defined as interested persons under the
Investment Company Act of 1940. An interested person includes officers, directors, investment advisers,
partners, employees, anyone who owns at least 5% of the voting stock of the company, and any
immediate family members of these persons. The definition also extends to the principal underwriter and
other investment companies served by that underwriter and anyone who has acted in a professional
capacity for the company within the last two years.

NEW QUESTION: 3
Section C (4 Mark)
Read the senario and answer to the question.
Whether Mrs. Deepika as a resident individual can invest in units of Mutual Funds, Venture Funds, and Promissory notes without opening the bank account in foreign country?
A. Yes, she can but opening a bank account in abroad for the same
B. Yes, she can
C. Yes, she can invest without opening the bank account in foreign country for this purpose.
D. Yes, she can invest without opening the bank account in abroad for this purpose but taking a prior approval from the RBI
Answer: C

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