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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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