Question

Under Section 3 of PMLA, which of the following is NOT necessary for an act to constitute the offence of money-laundering?

A Projecting untainted property as proceeds of crime
B Direct or indirect involvement with proceeds of crime
C Knowingly assisting or being a party to the process
D Activity connected with the proceeds of crime
E Projecting proceeds of crime as untainted property
Practice Next

Hey! Ask a query

🎓
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)