Important Iaws On Finance And Financial Crimes

51. The National Green Tribunal (NGT) in India was established in which year?
a) 2005
b) 2009
c) 2010
d) 2012

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52. The Prevention of Money Laundering (Maintenance of Records) Rules in India require banks to maintain records for a minimum period of how many years?
a) 2 years
b) 5 years
c) 7 years
d) 10 years

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53. The Foreign Exchange Management Act (FEMA) in India empowers which regulatory body to regulate foreign exchange transactions?
a) Reserve Bank of India (RBI)
b) Securities and Exchange Board of India (SEBI)
c) Enforcement Directorate (ED)
d) Income Tax Department

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54. The Competition Commission of India (CCI) is responsible for ensuring fair competition in which sector?
a) Telecommunications
b) Banking
c) Power and electricity
d) All of the above

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55. The Narcotic Drugs and Psychotropic Substances Act (NDPS Act) in India provides for punishment for drug offenses, with imprisonment for a term of how many years?
a) 2 years
b) 5 years
c) 10 years
d) 20 years

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