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    Question

    Which of the following is a "Scheduled Offence" under

    the PMLA, 2002? 
    A Petty Theft Correct Answer Incorrect Answer
    B Corruption under the Prevention of Corruption Act Correct Answer Incorrect Answer
    C Simple Assault Correct Answer Incorrect Answer
    D Breach of a Civil Contract Correct Answer Incorrect Answer
    E Traffic violations Correct Answer Incorrect Answer

    Solution

    An offence under the Prevention of Corruption Act, 1988 is explicitly listed as a "Scheduled Offence" in the Schedule to the Prevention of Money Laundering Act (PMLA), 2002. The Enforcement Directorate (ED) can initiate an investigation under the PMLA only if there is a predicate (original) offence that is a "scheduled offence", the proceeds of which are then laundered.

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