Kerala SET Feb 2017 Paper 1
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Question : 44 of 120
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Which is/are true about the Benami Transaction Amendment Bill, 2016 passed by the Lok Sabha?
(i) Aimed at curbing black money
(ii) Imprisonment of up to 5 years
(iii) Provides for a fine of up to 30% of the fair value of the asset
(iv) Provides for a fine of up to 25% of the fair value of the asset and imprisonment of up to 7 years
(i) Aimed at curbing black money
(ii) Imprisonment of up to 5 years
(iii) Provides for a fine of up to 30% of the fair value of the asset
(iv) Provides for a fine of up to 25% of the fair value of the asset and imprisonment of up to 7 years
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