Question

    Which of the following is considered a “scheduled

    offence” under PMLA?
    A Cheating under IPC Correct Answer Incorrect Answer
    B Petty theft Correct Answer Incorrect Answer
    C Narcotic drug trafficking Correct Answer Incorrect Answer
    D Public nuisance Correct Answer Incorrect Answer
    E Breach of contract Correct Answer Incorrect Answer

    Solution

    As per Section 2(1)(y) of the PMLA, a “scheduled offence” refers to an offence listed in the Schedule to the Act. This includes serious crimes like narcotic drug trafficking, terrorism, corruption, arms trafficking, etc. Offences under the Narcotic Drugs and Psychotropic Substances Act, 1985 are specifically included in Part A of the Schedule, making narcotic trafficking a predicate offence for money laundering proceedings.

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