Question

    What are the various classes of Authorities under the Prevention of Money-Laundering Act, 2002?

    A Deputy Director Correct Answer Incorrect Answer
    B Assistant Director Correct Answer Incorrect Answer
    C Director or Additional Director or Joint Director, Correct Answer Incorrect Answer
    D All a, b & c Correct Answer Incorrect Answer

    Solution

    Section 48 Authorities under the Act- There shall be the following classes of authorities for the purposes of this Act, namely: — (a) Director or Additional Director or Joint Director, (b) Deputy Director, (c) Assistant Director, and (d) such other class of officers as may be appointed for the purposes of this Act.

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