Question
Under the Prevention of Money Laundering Act, 2002
(PMLA), what is the maximum imprisonment term for someone convicted of money laundering?Solution
Under the Prevention of Money Laundering Act, 2002 (PMLA), money laundering is punishable with imprisonment for a term that may extend up to 10 years, along with a fine. The Act aims to combat money laundering and to regulate the process of investigation, attachment of property, and prosecution of individuals involved in such illegal activities. • The law is designed to tackle the illicit transfer of money through illegal means, including corruption, fraud, and drug trafficking, and to prevent the conversion of illegally acquired wealth into legitimate assets.
Which of the following uses spores to reproduce?
Oxidation number of Mn in KMnO₄ is
Which of the following statements is/are correct in regards to Champaran Satyagraha?
1. It was the first popular satyagraha movement
Red Data book is the source book which keeps a record of:
A shopkeeper sold an article after giving a discount of 20% and made a profit of Rs. 55. Find the marked price of the article if cost price of the artic...
Which one of the following sources states that Srinagar was built by Ashoka?
Which of the following numbers will replace the question mark (?) in the given series?
3, 7, 13, 21, 31, ?
For the first time in India, medical benefit as a non-cash benefit was provided under?
What is the minimum distance one has to stand at from a wall to hear an echo?
The principle that suggests recording expenses only when they are realized, and income only when they are certain, is known as:
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