Pmla Judgment Flashcards
1
Q
In which year Foreign Exchange Management Act come into force?
(FEMA)
A
Foreign Exchange Management Act, 1999.
and
Force in. 2000
2
Q
Which Ministry includes the Directorate of Enforcement?
A
Min of finance
3
Q
Which of the following is included in India’s Forex Reserve?
(a) Gold reserves
(b) Reserve position with the International Monetary Fund.
(c) SDRs
(d) All of the Above
A
All of these
4
Q
ThePrevention Of Money Laundering Act(PMLA)formulated in which. year..
A
Section 3 of the PMLA Act 2002
5
Q
Pmla amendment act 2012
A
6
Q
The Fugitive Economic Offenders Act, 2018 (FEOA):
A
7
Q
Punishment of money Laundering define under which section..?
A
Section 3
punishment upto 7 years..
