Question

What is the punishment for the offence of money laundering under Section 4 of PMLA?

A Imprisonment up to 1 year or fine B.
B Imprisonment of 6 months to 3 years
C Rigorous imprisonment of not less than 3 years and up to 7 years (extendable to 10 years in certain cases) and fine
D Fine only
E Warning and release
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