Important Iaws On Finance And Financial Crimes

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6. The Securities Appellate Tribunal (SAT) in India hears appeals against the decisions of which regulatory body?
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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7. The Financial Intelligence Unit (FIU) in India is responsible for collecting and analyzing information on which activity?
a) Money laundering
b) Tax evasion
c) Insider trading
d) Securities fraud

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8. The Prevention of Corruption Act (PCA) in India was enacted in which year?
a) 1947
b) 1951
c) 1988
d) 2006

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9. The Income Tax Act in India was enacted in which year?
a) 1956
b) 1961
c) 1975
d) 1982

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10. The Special Court for Economic Offenses (SECO) in India was established under which act?
a) Prevention of Money Laundering Act (PMLA)
b) Prevention of Corruption Act (PCA)
c) Securities and Exchange Board of India Act (SEBI Act)
d) Income Tax Act

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