Section 15 of the Prevention of Money Laundering Act, 2002 ensures compliance with PMLA provisions by-
Section 15 secures compliance by letting the Central Government, with the RBI, prescribe "the procedure and the manner" of maintaining and furnishing information. It neither…
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Section 15 of the Prevention of Money Laundering Act, 2002 ensures compliance with PMLA provisions by-
Answer and explanation
Correct answer C
Section 15 secures compliance by letting the Central Government, with the RBI, prescribe "the procedure and the manner" of maintaining and furnishing information. It neither makes reporting voluntary nor limits the Director's powers.