The words "shall receive and manage" in Section 10(2) of the Prevention of Money Laundering Act, 2002…
The words "shall receive and manage" in PMLA s.10(2) impose a mandatory duty on the Administrator, not a discretionary power, temporary arrangement or merely advisory role.
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The words "shall receive and manage" in Section 10(2) of the Prevention of Money Laundering Act, 2002 indicate-
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Correct answer B
The words "shall receive and manage" in PMLA s.10(2) impose a mandatory duty on the Administrator, not a discretionary power, temporary arrangement or merely advisory role.