Multiple choice

If a person commits offence under Prevention of Money Laundering Act, 2002, he shall be liable for imprisonment up to

  1. three years

  2. five years

  3. five to ten years

  4. three to seven years

Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

Persons found guilty of an offence of money laundering are punishable with imprisonment for a term which shall not be less than three years but may extend up to seven years and shall also be liable to fine.