{"id":93347,"date":"2025-06-01T11:48:53","date_gmt":"2025-06-01T11:48:53","guid":{"rendered":"https:\/\/exam.pscnotes.com\/mcq\/?p=93347"},"modified":"2025-06-01T11:48:53","modified_gmt":"2025-06-01T11:48:53","slug":"under-the-prevention-of-money-laundering-act-2002-any-authority-or-o","status":"publish","type":"post","link":"https:\/\/exam.pscnotes.com\/mcq\/under-the-prevention-of-money-laundering-act-2002-any-authority-or-o\/","title":{"rendered":"Under the Prevention of Money-Laundering Act, 2002, any authority or o"},"content":{"rendered":"

Under the Prevention of Money-Laundering Act, 2002, any authority or officer, who without reasons recorded in writing, conducts vexatious search by exercising powers under the Act is liable for punishment of :<\/p>\n

[amp_mcq option1=”Imprisonment up to 3 years or fine up to \u20b9 50,000 or both” option2=”Imprisonment up to 2 years or fine up to \u20b9 50,000 or both” option3=”Imprisonment up to 1 year or fine up to \u20b9 50,000 or both” option4=”Imprisonment up to 6 months or fine up to \u20b9 10,000 or both” correct=”option2″]<\/p>\n

\n
\n
This question was previously asked in<\/div>\n
UPSC CISF-AC-EXE – 2023<\/div>\n<\/div>\n
Download PDF<\/a>Attempt Online<\/a><\/div>\n<\/div>\n
\nThe correct answer is B) Imprisonment up to 2 years or fine up to \u20b9 50,000 or both.
\n<\/section>\n
\nSection 62 of the Prevention of Money-Laundering Act, 2002 (PMLA) prescribes the punishment for vexatious search or arrest conducted by an authority or officer without having reason recorded in writing or knowing that there are no grounds for doing so.
\n<\/section>\n
\nAccording to Section 62 of PMLA, any authority or officer who maliciously or vexatiously conducts any search or arrest under the Act, knowing that there are no grounds for doing so, shall be punishable with imprisonment which may extend to two years, or with fine which may extend to fifty thousand rupees, or with both.
\n<\/section>\n","protected":false},"excerpt":{"rendered":"

Under the Prevention of Money-Laundering Act, 2002, any authority or officer, who without reasons recorded in writing, conducts vexatious search by exercising powers under the Act is liable for punishment of : [amp_mcq option1=”Imprisonment up to 3 years or fine up to \u20b9 50,000 or both” option2=”Imprisonment up to 2 years or fine up to … <\/p>\n

Detailed SolutionUnder the Prevention of Money-Laundering Act, 2002, any authority or o<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1089],"tags":[1105,1099,1104],"class_list":["post-93347","post","type-post","status-publish","format-standard","hentry","category-upsc-cisf-ac-exe","tag-1105","tag-indian-polity-and-governance","tag-the-parliamentary-act","no-featured-image-padding"],"yoast_head":"\nUnder the Prevention of Money-Laundering Act, 2002, any authority or o<\/title>\n<meta name=\"description\" content=\"The correct answer is B) Imprisonment up to 2 years or fine up to \u20b9 50,000 or both. 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