Question
A political party receives large cash donations from various individuals without bank transfers. An investigation suggests the donations may be proceeds of crime from electoral offence violations. Under PMLA, which statements are correct? Statement 1: Political parties cannot be investigated under PMLA. Statement 2: If donations are proceeds of electoral violations (scheduled offences), they become liable for attachment. Statement 3: The political party must prove the donations were from legitimate sources. Statement 4: Proceeds of crime received for political purposes are exempt from PMLA. Which statements are correct?
More Other Laws and Acts Questions
- Five distinct verticals have been formulated to provide focused strategic direction to the activities of NABET. Which of the following is not one of those?
- Under The Mediation Act, 2023, within how many days must a mediation service provider appoint a mediator upon receiving an application for mediation when p...
- The Preamble to our Constitution proclaims that “We, the People of India have established
- Which of the following is not correct statement?
- IPC extend to ……….
- Community mediation panels are comprised of:
- Which legal maxim means let the buyer beware?
- According to the RTI Act, within what maximum timeframe must a public authority transfer an application to another public authority if required?
- Which of the following is not a punishment within the meaning of Section 53 of the Indian Penal Code?
- Which of the following words were inserted in the Preamble by Constitution 42nd Amendment Act?
Relevant for Exams:
Hey! Ask a query
Please enter email id
The email must be a valid email address.
Please enter Mobile Number
Please enter valid Mobile Number
Please enter your Doubt
Think You're Ready for RBI Grade B?
RBI Grade B 2026 Phase 1 Memory Based Paper
- 200 Questions with Detailed Solutions
- Section-wise Coverage (GA, English, Quant & Reasoning)