Question
Under the Prevention of Money-Laundering Act, 2002 where
the proceeds of crime involved in money-laundering relates to any offence specified under paragraph 2 of Part A of the Schedule the punishment shall be _________Solution
Section 4 Punishment for Money-Laundering- Whoever commits the offence of money-laundering shall be punishable with rigorous imprisonment for a term which shall not be less than three years but which may extend to seven years and shall also be liable to fine; Provided that where the proceeds of crime involved in money-laundering relates to any offence specified under paragraph 2 of Part A of the Schedule, the provisions of this section shall have effect as if for the words “which may extend to seven years”, the words “which may extend to ten years” had been substituted
A spot purchase of a currency coupled with simultaneous forward sale of the same currency is called:
Park Test is used for which of the following?
If coefficient of correlation rxy= 1, then
The Economic Survey 2023-24 highlights a decline in out-of-pocket expenditure on health as a percentage of total health expenditure from 64.2% in FY14 t...
What will be the probability of losing a game if the winning probability is 0.3?
Ramsay retest is used for
If two dice are thrown together, what is the probability of getting an even number on one dice and an odd number on the other dice?
The substitution effect for a commodity is
If interest payments are subtracted from gross fiscal deficit, the remainder will be
Given the following information, calculate the residual.
