Economic Security and Black Money · IB ACIO · Question 8 of 30

Economic Security and Black Money – Question 8

Step-by-step solution. Economic Security and Black Money for IB ACIO.

Topic
Economic Security and Black Money
Subject
General Studies
Difficulty
Medium
Solve Time
45–60 sec

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Q · Economic Security and Black MoneyMedium · 45s

Which Act in India deals with transactions where the real beneficiary is not the one in whose name the property is held?

TopicEconomic Security and Black Money
Question Typemultiple choice
DifficultyMedium
Marking+1 / −0.25
From TestChapter Test 1 (Chapter Test)
Test Duration30 min

Step-by-Step Solution

The complete worked solution.

Every step explained — no skipped algebra.

The Benami Transactions (Prohibition) Act aims to curb benami properties and transactions.

Final Answer: Option B — Benami Transactions (Prohibition) Act
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Economic Security and Black Money Question 8 – IB ACIO