Question

Which of the following acts is/are associated with management of foreign exchange and prevention of money-laundering?

A Foreign Exchange Management Act, 1999 (FEMA) Correct Answer Incorrect Answer
B Prevention of Money Laundering Act, 2002 Correct Answer Incorrect Answer
C Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 Correct Answer Incorrect Answer
D Both 1 & 2 Correct Answer Incorrect Answer
E None of these Correct Answer Incorrect Answer

Solution

The correct answer is D

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