Under the Prevention of Money-laundering Act, 2002, the officers appointed as Administrator must not be…
Section 10(1) allows the appointment of officers "not below the rank of a Joint Secretary to the Government of India" as Administrators. A Deputy Secretary or Director is…
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Under the Prevention of Money-laundering Act, 2002, the officers appointed as Administrator must not be below the rank of-
Answer and explanation
Correct answer D
Section 10(1) allows the appointment of officers "not below the rank of a Joint Secretary to the Government of India" as Administrators. A Deputy Secretary or Director is too junior, and the Act does not insist on an Additional Secretary.