एक विदेशी छात्र, श्री जॉन, भारत में एक NRE खाता खोलते हैं। पहली तिमाही के दौरान, उन्हें यूके में अपने पिता से निम्नलिखित वायर ट्रांसफर प्राप्त होते हैं: - जनवरी: 4,000 GBP (विनिमय दर: 1 GBP = 110 INR) - फरवरी: 3,000 GBP (विनिमय दर: 1 GBP = 112 INR) - मार्च: 5,000 GBP (विनिमय दर: 1 GBP = 115 INR) बैंक की आंतरिक एएमएल नीति के तहत किसी भी छात्र खाते के लिए एक स्वचालित 'उन्नत उचित तत्परता' (EDD) फ्लैग की आवश्यकता होती है जहाँ कुल त्रैमासिक आवक प्रेषण (inward remittance) 10,00,000 INR से अधिक हो जाता है। प्राप्त कुल INR की गणना करें और निर्धारित करें कि क्या EDD फ्लैग ट्रिगर होना चाहिए।

Ms. Fatima opens a current account for her new startup. Initially, the bank performs a physical verification of her home-office to substitute a missing second business proof document. Later, the account starts receiving high-value international wire transfers from Dubai and Singapore. The bank's AML system flags these transactions because the profile was domestic. The Compliance Officer asks Ms. Fatima to provide copies of the service contracts and subsequently updates her risk profile from 'Low' to 'Medium'. Which of the following actions by the bank was a direct application of the 'Risk-Based Approach'?

Statement 1: Under the Prevention of Money Laundering Act (PMLA), the definition of 'Proceeds of Crime' has been broadened to reach ultimate beneficiaries of illegal activities. Statement 2: For accounts of 'Sole Proprietary firms,' the bank must obtain two documents in the name of the firm as proof of business. In cases where the proprietor is unable to provide two such documents, the bank has the discretion to accept only one document, provided the bank conducts a physical verification of the business premises and prepares a 'Contact Point Verification' (CPV) report. Statement 3: 'Beneficial Ownership' in a Partnership firm is defined as a natural person who owns more than 10 percent of the capital or profits of the firm. Statement 4: For 'Non-Face-to-Face' (NF2F) customers onboarded through digital channels other than V-CIP, the RBI limits the total balance to one lakh rupees. Based on the detailed statements above, which statement correctly identifies the regulatory requirements for onboarding a 'Sole Proprietary' business when the owner has only one business proof document?