9th November 2023 | [Quiz] Current | For Prelims 2023

Consider the following statements about the Prevention of Money Laundering Act 2002:

1. It was enacted to prevent money laundering and to provide for the confiscation of property derived from money laundering activities.
2. It requires financial bodies to maintain records, verify identities, and report suspicious activities to the Securities and Exchange Board of India (SEBI).
3. It includes a provision for the provisional attachment of property believed to be “proceeds of crime” for a period of 180 days.
4. The punishment under this act can extend up to ten years for offences not related to narcotic drugs and psychotropic substances.

Which of the statements above is/are incorrect?

Consider the following statements:

Statement-I: The authority to expunge remarks from the official records of Parliament lies solely with the head of the reporting section.

Statement-II: The context of the words used is not considered significant in the decision-making process of expunging.

Which one of the following is correct in respect of the above statements?

Which one of the following statements best reflects the primary function of the National Investigation Agency (NIA)?

Which one of the following statements best reflects the significance of genome mapping in the ocean as per the research project?

Consider the following statements regarding the expansion of NATO:

1. NATO originally began with 15 founding members.
2. As of 2023, NATO has expanded to include 31 countries.
3. Finland is one of the countries that joined NATO in 2023.

Which of the following options correctly represents the number of accurate statements?