Question
A was found guilty of money laundering as per the
provisions of Prevention of Money Laundering Act 2002. What possible actions can be taken against A?Solution
Section 4- Punishment for money-launderingâWhoever 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
Which goods are described by the law of diminishing marginal utility?Â
In economic terms, when is a demand or supply considered inelastic?
Who is the author of the book âRevolutionariesâ?
What is the duration associated with "Notice Money" in the financial markets?
Which entity regulates mutual funds in India?
NPS for traders provide a monthly minimum assured pension of what amount after attaining the age of 60 years?
Which organization publishes the World Economic Outlook report.
Which of the following statements are true regarding âInclusive Growthâ?
i. The main idea behind inclusive growth is to include SCs, STs, ...
What is the uniform GST rate that has been fixed up for lottery prizes by the GST Council?
In which of the following countries, scientists have discovered the remains of âWilsonâs little Penguinâ?