New 👉 Ask your RBI Grade B 2025 Preparation Queries Here!!

    Register

    Question

    What is the punishment for the person in charge of the

    of the commercial organization and who is found to be guilty of an offence, under the Prevention of Corruption Act, 1988?
    A Two years & Five years Correct Answer Incorrect Answer
    B Three years & Seven years Correct Answer Incorrect Answer
    C Ten years & Twelve Correct Answer Incorrect Answer
    D Three years & Seven years & also liable to pay fine Correct Answer Incorrect Answer

    Solution

    Section 10 Person in charge of commercial organization to be guilty of offence.--Where an offence under section 9 is committed by a commercial organization, and such offence is proved in the court to have been committed with the consent or connivance of any director, manager, secretary or other officer shall be of the commercial organization, such director, manager, secretary or other officer shall be guilty of the offence and shall be liable to be proceeded against and shall be punishable with imprisonment for a term which shall not be less than three years but which may extend to seven years and shall also be liable to fine

    Practice Next