The imprisonment prescribed under Section 4 of the Prevention of Money Laundering Act, 2002 is-
Section 4 of the Prevention of Money-Laundering Act expressly prescribes “rigorous imprisonment” for money-laundering. Simple imprisonment and civil detention are different…
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The imprisonment prescribed under Section 4 of the Prevention of Money Laundering Act, 2002 is-
Answer and explanation
Correct answer B
Section 4 of the Prevention of Money-Laundering Act expressly prescribes “rigorous imprisonment” for money-laundering. Simple imprisonment and civil detention are different forms of confinement and do not describe that punishment, which also carries liability to a fine.