Current Affairs - Bills and Acts - Discussion
Discussion Forum : Bills and Acts - Latest Current Affairs (Q.No. 71)
71.
When did the Prevention of Money Laundering Act, 2002, and its associated Rules come into force in India?
Answer: Option
Explanation:
The Prevention of Money Laundering Act, of 2002, along with its Rules, came into force on July 1, 2005. This Act was enacted by the NDA government to combat money laundering activities and facilitate the confiscation of property obtained through such illegal means.
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