Important Laws on Corruption

71. The Benami Transactions (Prohibition) Act, 1988, provides for the establishment of a “Special Court” to try offenses related to benami transactions. Who can be appointed as a Special Court Judge?
a) A person who has been in practice as a judge of a High Court for not less than 7 years
b) A person who has been in practice as an advocate for not less than 10 years
c) A person who has held the office of a public prosecutor or an additional public prosecutor for not less than 7 years
d) All of the above

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72. The Whistleblowers Protection Act, 2014, provides for the establishment of a “Review Committee” to review the functioning of the Competent Authority and the Whistleblower Protection Authority. Who appoints the Review Committee?
a) President of India
b) Prime Minister of India
c) Central Vigilance Commission (CVC)
d) Central Government

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73. The Prevention of Money Laundering Act (PMLA), 2002, provides for the appointment of an “Adjudicating Authority” to hear and decide cases related to money laundering. Who appoints the Adjudicating Authority?
a) President of India
b) Prime Minister of India
c) Central Vigilance Commission (CVC)
d) Central Government

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74. The Central Vigilance Commission (CVC) can exercise its power of superintendence over the functioning of public sector undertakings (PSUs) to ensure that proper systems and procedures are in place to prevent corruption. Which organization is responsible for the day-to-day management of PSUs?
a) Ministry of Finance
b) Department of Public Enterprises
c) Indian Banks’ Association (IBA)
d) National Bank for Agriculture and Rural Development (NABARD)

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75. The Whistleblowers Protection Act, 2014, provides for the establishment of a “Central Vigilance Commission Fund” to provide financial assistance to the Competent Authority and the Whistleblower Protection Authority. Who contributes to this fund?
a) Central Government
b) State Governments
c) Public sector undertakings (PSUs)
d) All of the above

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