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    5. Obligations under Prevention of Money Laundering Act 2002 is defined under which section?

    Question

    Obligations under Prevention of Money Laundering Act

    2002 is defined under which section?
    A Section 8 Correct Answer Incorrect Answer
    B Section 6 Correct Answer Incorrect Answer
    C Section 12 Correct Answer Incorrect Answer
    D Section 10 Correct Answer Incorrect Answer

    Solution

    The obligations of reporting entities under the Prevention of Money Laundering Act (PMLA) of 2002 are defined in Section 12 of the Act: 

    Practice Next
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    Relevant for Exams:

    • Management Aptitude Test (MAT)
    • CMAT

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