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Engineering/Technology PREAMBLE Government of Maharashtra has decided to conduct a Common Entrance Test for selection to all degree courses in Engineering/Technology and Pharmacy courses. The Entrance
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What is c l a r?
CLAR stands for Cash Transaction Report, which is a report required by financial institutions to monitor and report on certain types of transactions.
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Financial institutions such as banks, credit unions, and other financial entities are required to file CLAR.
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You can fill out CLAR by providing information on cash transactions that meet certain criteria, including the amount and nature of the transaction.
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The purpose of CLAR is to help prevent money laundering and other financial crimes by monitoring cash transactions.
What information must be reported on c l a r?
Information such as the amount of the cash transaction, the parties involved, and the purpose of the transaction must be reported on CLAR.
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