Question

    Which of the following is the process of concealing the

    origin of money, obtained from illicit activities such as drug trafficking, corruption, embezzlement or gambling, by converting it into a legitimate source?
    A Black Money Correct Answer Incorrect Answer
    B Money Stealing Correct Answer Incorrect Answer
    C Money laundering Correct Answer Incorrect Answer
    D Money Spooling Correct Answer Incorrect Answer
    E None of the above Correct Answer Incorrect Answer

    Solution

    The correct answer is C

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