Important Iaws On Finance And Financial Crimes


11. The Benami Transactions (Prohibition) Act in India was enacted in which year?
a) 1988
b) 1992
c) 2000
d) 2016

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12. The Foreign Contribution (Regulation) Act (FCRA) in India regulates the acceptance and utilization of foreign contributions by which entities?
a) Non-profit organizations
b) Political parties
c) Educational institutions
d) All of the above

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13. The Central Vigilance Commission (CVC) in India is responsible for addressing corruption cases involving which category of employees?
a) Private sector employees
b) Government employees
c) Banking sector employees
d) Law enforcement personnel

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14. The Enforcement Directorate (ED) in India is responsible for enforcing the provisions of which act?
a) Prevention of Money Laundering Act (PMLA)
b) Benami Transactions (Prohibition) Act
c) Prevention of Corruption Act (PCA)
d) Foreign Contribution (Regulation) Act (FCRA)

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15. The Companies Act in India was first enacted in which year?
a) 1950
b) 1956
c) 1961
d) 1975

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