Question
According to the PC Act, recovery of tainted money
without proof of demand results in:Solution
Recovery of money without proof of demand is insufficient for conviction. Under Section 7, the bribe-giver must have made a demand or inducement for an undue advantage; absent this, the offence is not complete. Courts consistently require proof of demand before statutory presumption under Section 20 can be invoked. Option C correctly identifies that demand is a foundational element of bribery offences. Options A, B, D, and E misstate statutory requirements or presume liability without essential elements.
Which of the following is an Alternate reference interest rate for dollar denominated derivatives and loans that replaced LIBOR?
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Which of the following statements is correct?
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