Under the Prevention of Money-laundering Act, 2002, cross-border offences cover:
Section 2(1)(ra)(i) and (ii) define cross-border offences to include both conduct abroad whose proceeds are transferred to India and scheduled offences committed in India…
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Under the Prevention of Money-laundering Act, 2002, cross-border offences cover:
Answer and explanation
Correct answer A
Section 2(1)(ra)(i) and (ii) define cross-border offences to include both conduct abroad whose proceeds are transferred to India and scheduled offences committed in India whose proceeds are transferred, or attempted to be transferred, abroad, covering both directions of movement.