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Benami Transactions (Prohibition) Act, 1988 MCQs with Answers

Practise Benami Transactions (Prohibition) Act, 1988 and check your answers.

Question 1

The distinction between benami and sham transactions is that

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Question 2

What is the maximum punishment for a person who is found guilty of the offence of benami transaction after the Benami Transactions (Prohibition) Amendment Act, 2016 came into force?

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Question 3

The Benami Transactions (Prohibition) Amendment Act, 2016, came into effect from

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Question 4

With reference to the Prohibition of Benami Property Transactions Act, 1988 (PBPT Act), consider the following statements:

1. A property transaction is not treated as a benami transaction if the owner of the property is not aware of the transaction.
2. Properties held benami are liable for confiscation by the government.
3. The Act provides for three authorities for investigations but does not provide for any appellate mechanism.

Which of the statements given above is/are correct?

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Practise for these exams

  • Assam Higher Judicial Service

  • University of Delhi LL.M.

  • Madhya Pradesh Higher Judicial Service