Money Laundering is the process through which black money is converted into white money i.e. legitimate money. Such funds are used for various anti-social activities such as terrorism etc. In order to prevent that, the PMLA Act was passed in the year 2002 and it has the authority to also seize property obtained from the illegal money. It came into force in 2005. The PLMA has been amended three times, that is, in 2009, 2009 and 2012. The provisions of this act are applicable to all financial institutions, banks (Including RBI), mutual funds, insurance companies, and their financial intermediaries.
What must a Trade Union do if it decides to dissolve?
Who among the following is the author of the book “From Dependence to Self Reliance”?
India's new Foreign Trade Policy 2023 has set a specific end date, that is
Which one of the following is the size of hydrogen atom?
An economy is called agrarian if its share of the primary sector is 50 per cent or more in the total output (the GDP) of the economy. With context Indi...
How many times does the digit 3 appear between 1 and 100 such that the number where 3 appears is not divisible by 3?
Which one of the following chromosomes has a mismatched pair in a normal human male?
Amit has 7 friends whom he wishes to invite to a dinner. Out of his 7 friends, 1 or more may accept the invitation. In how many different ways can Amit...
Which of the following statements are correct in regards to Algo-trading?
Find out the quantity of four-digit numbers that can be created by utilizing the digits from 1 to 9 if repetition of digits is not allowed?
