Question
With reference to the ‘Prohibition of Benami Property Transactions Act, 1988 (PBPT Act)’, consider the following statements: 1. A property transaction is not treated as a benami transaction if the owner of the property is not aware of the transaction. 2. Properties held benami are liable for confiscation by the Government. 3. The Act provides for three authorities for investigations but does not provide for any appellate mechanism. Which of the statements given above is/are correct?
More ESI Questions
- The International Solar Alliance (ISA) is an action-oriented, member-driven, collaborative platform for increased deployment of solar energy technologies a...
- The government has set an ambitious goal of achieving _________ of renewable energy capacity by the end of 2022.
- Which of the following defines the concept of Balance of Payments most appropriately?
- Bank rate means?
- In the parlance of financial investment the term ‘bear’ denotes
- The Foreign Exchange Management Act,_________ , is an Act of the Parliament of India "to consolidate and amend the law relating to foreign exchange with th...
- Consider the following statements about the Bureau of Pharma PSUs of India (BPPI): 1. It is the implementing agency of Pradhan Mantri Bhartiya Janaushadhi ...
- The EPCG scheme is governed by the Foreign Trade Policy of India and administered by which of the following government body?
- ____________ has released World Air Quality Report.
- Which of the following statements is true about the Competition Commission? I.The Competition has been established to prevent practices which do not suppor...
Hey! Ask a query
Please enter email id
The email must be a valid email address.
Please enter Mobile Number
Please enter valid Mobile Number
Please enter your Doubt
Think You're Ready for RBI Grade B?
RBI Grade B 2026 Phase 1 Memory Based Paper
- 200 Questions with Detailed Solutions
- Section-wise Coverage (GA, English, Quant & Reasoning)