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    Question

    The term Money-Laundering is defined under

    section________ of the Prevention of Money-Laundering Act, 2002
    A Section 2(d) Correct Answer Incorrect Answer
    B Section 2(e) Correct Answer Incorrect Answer
    C Section 3 Correct Answer Incorrect Answer
    D Section 5 Correct Answer Incorrect Answer

    Solution

    Whosoever directly or indirectly attempts to indulge or knowingly assists or knowingly is a party or is actually involved in any process or activity connected with the proceeds of crime including its concealment, possession, acquisition or use and projecting or claiming it as untainted property shall be guilty of offence of money-laundering

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