Under the Prevention of Money-laundering Act, 2002, "corresponding law" allows cooperation with:
Section 2(1)(ia) covers foreign law corresponding to PMLA provisions or dealing with offences corresponding to scheduled offences. That concept supports the Act's foreign…
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Under the Prevention of Money-laundering Act, 2002, "corresponding law" allows cooperation with:
Answer and explanation
Correct answer A
Section 2(1)(ia) covers foreign law corresponding to PMLA provisions or dealing with offences corresponding to scheduled offences. That concept supports the Act's foreign cooperation provisions; it is not a definition of Indian State law, a UN body or a bank.