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Prevention of Money Laundering Act, 2002 MCQs with Answers

Practise Prevention of Money Laundering Act, 2002 and check your answers.

Question 1

Which Act mandates all financial institutions to maintain a record for all forms of transactions?

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Question 2

Offence of money laundering is

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Question 3

Section 1 of the Prevention of Money Laundering Act, 2002 deals with:

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Question 4

The PMLA, 2002 was enacted:

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Question 5

Section 1(2) of the Prevention of Money-laundering Act, 2002 states that the Act extends to:

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Question 6

Section 1(3) of the Prevention of Money-laundering Act, 2002 mentions that the Act shall come into force:

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Question 7

Can different dates be appointed for different provisions under PMLA?

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Question 8

References in any provision of the Prevention of Money-laundering Act, 2002 to the commencement of the Act shall be construed as:

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Question 9

The PMLA was enacted to implement:

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Question 10

According to the preamble to the Prevention of Money-laundering Act, 2002, the UN Political Declaration of June 1998 called upon Member States to:

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Practise for these exams

  • CUET PG Law (LL.M.)

  • Rajasthan Higher Judicial Service

  • Supreme Court Law Clerk and Research Associate