Question
Whoever is involved in activities connected with
proceeds of crime, including concealment or possession, and projects it as untainted property, is guilty of___________Solution
Section 3. Offence of money-laundering: Whosoever directly or indirectly attempts to indulge or knowingly assists or knowingly is a party or is actually involved in any process or activity connected with the 1[proceeds of crime including its concealment, possession, acquisition or use and projecting or claiming] it as untainted property shall be guilty of offence of money-laundering.
- Select the most appropriate option to substitute the bolded segment in the given sentence.
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Any of these two options could be the correct answer.
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In each question below, a sentence is given with a part of it printed in bold type. Find out which phrase should replace the phrase given in bold to co...