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    Question

    What is the maximum punishment that can be imposed under

    Section 4 of the PMLA for money laundering? 
    A Rigorous imprisonment up to three years Correct Answer Incorrect Answer
    B Simple imprisonment up to five years Correct Answer Incorrect Answer
    C Rigorous imprisonment not less than three years but which may extend to seven years and fine Correct Answer Incorrect Answer
    D Fine only Correct Answer Incorrect Answer
    E Death penalty Correct Answer Incorrect Answer

    Solution

    Section 4 prescribes minimum rigorous imprisonment of three years, extendable to seven years, along with a fine for money laundering offence [Section 4].

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