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      Question

      What is the maximum punishment that can be imposed under

      Section 4 of the PMLA for money laundering?Β 
      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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