Question

What is money Laundering?

A illegal process of concealing the origins of money Correct Answer Incorrect Answer
B illegal process of concealing the transfering of money Correct Answer Incorrect Answer
C only A Correct Answer Incorrect Answer
D A and B both. Correct Answer Incorrect Answer
E None of these Correct Answer Incorrect Answer

Solution

Money laundering is the illegal process of concealing the origins of money obtained illegally by passing it through a complex sequence of banking transfers or commercial transactions.

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