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    Question

    Which of the following is not the very objective of the

    Prevention of Money-Laundering Act, 2002?
    A To prevent and control money laundering Correct Answer Incorrect Answer
    B To confiscate and seize the property obtained from the laundered money and Correct Answer Incorrect Answer
    C To deal with any other issue connected with money laundering in India Correct Answer Incorrect Answer
    D To control and direct the employment business and investment of the non-residents Correct Answer Incorrect Answer

    Solution

    The very objective of the Act is to prevent and control money laundering, to confiscate and seize the property obtained from the laundered money and to deal with any other issue connected with money laundering in India

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