Foreign Exchange Management Act, 1999 (FEMA) - A Civil Law, with officers empowered to conduct investigations into suspected contraventions of the Foreign Exchange Laws and Regulations, adjudicate contraventions, and impose penalties on those adjudged to have contravened the law. It is a specialized financial investigation agency under the Department of Revenue, Ministry of Finance, Government of India. Prevention of Money Laundering Act, 2002 (PMLA) - A Criminal Law, with the officers empowered to conduct investigations to trace assets derived out of the proceeds of crime, to provisionally attach/ confiscate the same, and to arrest and prosecute the offenders found to be involved in Money Laundering.
Recently IRDAI hiked maximum investment limit of insurers in banking, financial services and insurance (BFSI) companies from 25% to ________?
UrbanGabru announced who among the following as its Brand Ambassador?
Which organizations collaborated to establish the India 5G testbed at IRISET in Secunderabad, with a focus on testing and developing 5G use cases for In...
Which bank has launched a coffee table book titled 'The Banker to Every Indian' to celebrate 75 years of Indian independence?
What is the primary purpose of the Indian International Maritime Dispute Resolution Centre (IIMDRC)?
Which state is known for the folk dance 'Dhamyal'?
What is India's total installed rooftop solar capacity as of March 2024?
Which life insurance company has launched SEWA, a plan that covers hospitalization, ICU stay, surgeries, critical illness, and disability, besides life ...
What is Zero Shadow Day, which Bengaluru experienced on 25 April?
Who has been awarded the Award for Global Leadership, the highest professional distinction by Harvard Law School?