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Consider the following statements.
  1. The Prevention of Money Laundering Act (PMLA), 2002 allows the Directorate of Enforcement (ED) to take cognizance of any offence under its schedule across the country.
  2. The Directorate of Enforcement (ED) cannot take cognizance of any offence in a state unless requested by the state government, or ordered by a court or the Central Vigilance Commission (CVC).
Which of the above statements is/are correct?
  • a)
    1 only 
  • b)
    2 only 
  • c)
    Both 1 and 2 
  • d)
    Neither 1 nor 2
Correct answer is option 'A'. Can you explain this answer?
Most Upvoted Answer
Consider the following statements. The Prevention of Money Laundering ...
Unlike laws governing other agencies, particularly the CBI, the PMLA allows the ED to take cognizance of any offence under its wide-ranging schedule across the country, with or without the consent of state governments.
It has, therefore, been able to register money laundering cases against politicians or activists based on FIRs filed by state police forces — something the CBI is unable to do unless requested by the state government, or ordered by a court or the Central Vigilance Commission (CVC).
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Consider the following statements. The Prevention of Money Laundering Act (PMLA), 2002 allows the Directorate of Enforcement (ED) to take cognizance of any offence under its schedule across the country. The Directorate of Enforcement (ED) cannot take cognizance of any offence in a state unless requested by the state government, or ordered by a court or the Central Vigilance Commission (CVC).Which of the above statements is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'A'. Can you explain this answer?
Question Description
Consider the following statements. The Prevention of Money Laundering Act (PMLA), 2002 allows the Directorate of Enforcement (ED) to take cognizance of any offence under its schedule across the country. The Directorate of Enforcement (ED) cannot take cognizance of any offence in a state unless requested by the state government, or ordered by a court or the Central Vigilance Commission (CVC).Which of the above statements is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'A'. 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 Consider the following statements. The Prevention of Money Laundering Act (PMLA), 2002 allows the Directorate of Enforcement (ED) to take cognizance of any offence under its schedule across the country. The Directorate of Enforcement (ED) cannot take cognizance of any offence in a state unless requested by the state government, or ordered by a court or the Central Vigilance Commission (CVC).Which of the above statements is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'A'. Can you explain this answer? covers all topics & solutions for UPSC 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Consider the following statements. The Prevention of Money Laundering Act (PMLA), 2002 allows the Directorate of Enforcement (ED) to take cognizance of any offence under its schedule across the country. The Directorate of Enforcement (ED) cannot take cognizance of any offence in a state unless requested by the state government, or ordered by a court or the Central Vigilance Commission (CVC).Which of the above statements is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'A'. Can you explain this answer?.
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