Solved IB ACIO Question
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Q · Economic Security and Black MoneyMedium · 45s
Which section of PMLA deals with attachment of proceeds of crime?
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
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Section 5 of PMLA empowers authorities to provisionally attach property derived from money laundering.
Final Answer: Option A — Section 5