Recently the Government has enacted the lsquo Fugitive Economic Offenders Ordinance rsquo Offences p...........

Economic Affairs Types of Banks and Banking

Recently, the Government has enacted the ‘Fugitive Economic Offenders Ordinance’. Offences pertaining to which of the following Acts qualify for a person being a fugitive economic offender in addition to other conditions?

Negotiable Instrument Act, 1881.
The Reserve Bank of India Act, 1934
The Central Excise Act, 1944
Prohibition of Money Laundering Act

Select the correct answer using the codes given below

2, 3 and 4

1, 2 and 3

1, 2, 3 and 4

1, 3 and 4

छोटे Courses बड़े Results

Master Types of Banks and Banking

Prepare through Micro-courses

Try Now

Explanation:

Third option is correct.

The Fugitive Economic Offenders Ordinance which was promulgated by the President this week declares a person who is offender under following acts besides other conditions: the Negotiable Instrument Act, 1881, the Reserve Bank of India Act, 1934, the Central Excise Act, 1944, the Customs Act, 1962, the Prohibition of Benami Property Transactions Act, 1988, the Prevention of Money Laundering Act, 2002 and the Indian Penal Code.