Question
Under the PMLA, the term 'proceeds of crime' refers to
property derived as a result of which activity?Solution
Under Section 2 of the Prevention of Money Laundering Act, proceeds of crime means any property derived or obtained, directly or indirectly, by any person as a result of criminal activity relating to a scheduled offence, or the value of any such property, including property held abroad. The concept of proceeds of crime is central to the Act, as money laundering involves dealing with such proceeds. The link to a scheduled offence is essential for the application of the Act's provisions.
The Raajmarg Infra Investment Trust (RIIT), approved by SEBI, is sponsored by which organisation?Â
Who won the Indira Gandhi Peace Prize for 2024?
The Index of Industrial Production (IIP) recorded a growth of how much in November 2025, reaching a 25-month high?Â
Under the Sendai Framework for Disaster Risk Reduction, which priority is emphasized by India?
India’s milk production in 2024-25, as per BAHS 2025, stood at how many million tonnes?Â
Where did NITI Aayog launch its “Reimagining Agriculture: A Roadmap for Frontier Technology Led Transformation”?Â
Which ballistic missile, tested by India, has a range of 3,500 km and was launched from INS Arighaat?
What milestone did the Indian Navy vessel INS Sarvekshak achieve in Mauritius?
What is the purpose of the MoU signed between India and the U.S. regarding critical minerals?
What was the GST collection in India for July 2024?
