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What is the purpose of expanding the list of predicate offenses under the Prevention of Money-laundering Act (PMLA), as mentioned in the text?
  • a)
    To legalize certain financial activities.
  • b)
    To narrow the scope and outreach of the PMLA.
  • c)
    To widen the scope and outreach of the PMLA.
  • d)
    To create stricter financial regulations.
Correct answer is option 'C'. Can you explain this answer?
Most Upvoted Answer
What is the purpose of expanding the list of predicate offenses under ...
The text recommends expanding the list of predicate offenses under the PMLA to widen its scope and outreach, which means including more types of criminal activities that can be investigated for money laundering.
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What is the purpose of expanding the list of predicate offenses under the Prevention of Money-laundering Act (PMLA), as mentioned in the text?a)To legalize certain financial activities.b)To narrow the scope and outreach of the PMLA.c)To widen the scope and outreach of the PMLA.d)To create stricter financial regulations.Correct answer is option 'C'. Can you explain this answer?
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What is the purpose of expanding the list of predicate offenses under the Prevention of Money-laundering Act (PMLA), as mentioned in the text?a)To legalize certain financial activities.b)To narrow the scope and outreach of the PMLA.c)To widen the scope and outreach of the PMLA.d)To create stricter financial regulations.Correct answer is option 'C'. Can you explain this answer? for UPSC 2024 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about What is the purpose of expanding the list of predicate offenses under the Prevention of Money-laundering Act (PMLA), as mentioned in the text?a)To legalize certain financial activities.b)To narrow the scope and outreach of the PMLA.c)To widen the scope and outreach of the PMLA.d)To create stricter financial regulations.Correct answer is option 'C'. Can you explain this answer? covers all topics & solutions for UPSC 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for What is the purpose of expanding the list of predicate offenses under the Prevention of Money-laundering Act (PMLA), as mentioned in the text?a)To legalize certain financial activities.b)To narrow the scope and outreach of the PMLA.c)To widen the scope and outreach of the PMLA.d)To create stricter financial regulations.Correct answer is option 'C'. Can you explain this answer?.
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