Question
Which schedule of the PMLA lists the offences that are
considered “scheduled offences”?Solution
The First Schedule of the PMLA, 2002 contains the list of scheduled offences. These are the predicate offences under various laws such as IPC, NDPS Act, Companies Act, Arms Act, etc. If a person commits one of these offences and generates proceeds of crime, it falls under the ambit of money laundering under PMLA.
___________ is a capital budgeting technique which does not require the computation of the cost of capital for decision making purposes.
Which of the following best describes a journal in accounting?
A firm purchased goods for â‚ą50,000 and spent â‚ą2,000 on its freight. If the firm returned goods worth â‚ą5,000, what is the net purchase cost to be d...
In relation to Accounting for Investments, which of the following statements is/are correct?
Statement-1: The carrying amount for long-term inves...
Within how many days a person should apply for registration?
Under the Credit Guarantee Fund for MUDRA Loans (CGFMU), collateral-free loans are available up to what amount for eligible startups under the Pradhan M...
What is the primary objective of capital budgeting?
As at 31 March 2025, Ace Ltd. has long-term borrowings of ₹4,00,00,000, working capital loans of ₹1,00,00,000, and shareholders’ funds amounting t...
A firm extends credit from 30 to 60 days to push sales, increasing receivables by â‚ą5 crore. Cost of capital is 12%. What is the annual carrying cost?
Which country has officially joined the New Development Bank (NDB) in May 2025?
