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.
Family Courts (Amendment) Bill, 2022 seeks to grant statutory cover to family courts in which states?
I. Himachal Pradesh
II. Assam
III. NagalandÂ
The Indian Register of Shipping (IRS), Mumbai recently signed an MoU with which institute to advance maritime safety through the development of a ship t...
Which of the following led to the introduction of English Education in India?
1. Charter Act of 1813
2. General Committee of Public In...
Sela Tunnel Project, recently seen in the news, is located in:
Who remarked “The Supreme Court of India has more powers than any other Supreme Court in any part of the world”?
Among the following G20 countries, which is the highest performer in Climate Change Performance Index (CCPI) 2023?
Which aircraft manufacturer has started delivery of C295 transport aircraft to the Indian Air Force?
According to Fitch Ratings (Aug 2025), what is India’s revised GDP growth forecast for FY26?
Which of the following among the nine gems of Chandragupta II was related to astrology?
On 20th July, 2023, the ASEAN Countries Conference on Traditional Medicines was organized in which of the following countries?
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