Question

Which of the following is an objective of PMLA?

A To prevent and control money laundering. Correct Answer Incorrect Answer
B To confiscate and seize property obtained from laundered money. Correct Answer Incorrect Answer
C To establish special court. Correct Answer Incorrect Answer
D Both (a) & (b) Correct Answer Incorrect Answer

Solution

To establish special court is provided under s.43 of the Act, but is not an objective of the Act.

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