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Under the Prevention of Money-laundering Act, 2002, "Director", "Additional Director", and "Joint…

Section 49(1) is the provision under which the Central Government appoints Directors, Additional Directors, and Joint Directors, while section 2(1)(k) merely defines these…

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Under the Prevention of Money-laundering Act, 2002, "Director", "Additional Director", and "Joint Director" are appointed under which section?

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Correct answer A

Section 49(1) is the provision under which the Central Government appoints Directors, Additional Directors, and Joint Directors, while section 2(1)(k) merely defines these terms by reference to that appointment power.

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