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Money Laundering is the process through which black money is converted into white money i.e. legitimate money. Such funds are used for various anti-social activities such as terrorism etc. In order to prevent that, the PMLA Act was passed in the year 2002 and it has the authority to also seize property obtained from the illegal money. It came into force in 2005. The PLMA has been amended three times, that is, in 2009, 2009 and 2012. The provisions of this act are applicable to all financial institutions, banks (Including RBI), mutual funds, insurance companies, and their financial intermediaries.
If a + b + c = 0, then what is the value of a3 + b3 + c3 - 3abc?
If 120 liters of milk solution contains 60% milk, how much milk should be added to make the solution 80% milk?
The ratio of the incomes of Vineet and Vidya is 12:5 respectively. Vineet saves 25% of his income while Vidya saves 20% of his income. The sum of their ...
Ramu has lent Rs. 60,000 to Murali and Bansi at 7% p.a. and at 11% per annum respectively. At the end of the year, he has gained an overall interest at ...
In a class, 60% of the students are boys, and the rest are girls. If 40% of the boys and 50% of the girls passed an exam, what percentage of the total s...
A man sold one shirt and one t-shirt for Rs. 4000 on shirt he gained 21% and he lost 14% on t-shirt. If overall profit is 7%, then cost price of t-shirt is
A shopkeeper has 76 kg rice a part of it, he sells at the profit of 28% and rest at loss of 10% and he get the loss of 8% so what is the quantity sold a...
In what ratio rice at 34 Rs/kg should be mixed with the rice at 27 Rs/kg so that selling mixture at Rs 39 per kg gives the profit of 30% if the quantity...
A vessel contains some milk .6 liter of the milk was taken out of the vessel and replaced with 6 liter of water and again 6 liter of mixture was taken o...
Cost of two types of pulses is Rs.15 and Rs, 25 per kg, respectively. If both the pulses are mixed together in the ratio 2:3, then what should be the pr...
