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    Question

    Section 3 of PMLA deals with which of the

    following? 
    A Attachment of property Correct Answer Incorrect Answer
    B Money-laundering – offence definition Correct Answer Incorrect Answer
    C Bail provisions Correct Answer Incorrect Answer
    D Search and seizure Correct Answer Incorrect Answer
    E Arrest of accused by ED Correct Answer Incorrect Answer

    Solution

    Section 3 defines the offence of money-laundering as concealment, possession, acquisition, use or projecting/claiming proceeds of crime as untainted property.

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