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Who was named as the Chairperson of the Adjudicating Authority for the Prevention of Money Laundering Act (PMLA)?
  • Vinodanand Jha
  • Rashmi Singhal
  • Amit Sahni
  • Preeti Singh
Answer- A
1)Vinodanand Jha, a retired IRS officer from the 1983 batch who previously served as the Principal Chief Commissioner of Income Tax in Pune, has been appointed as the Chairperson of the Prevention of Money Laundering Act (PMLA) Adjudicating Authority for a term of 5 years.

2)The Prevention of Money Laundering Act (PMLA) Adjudicating Authority comprises of three members and is responsible for adjudicating cases related to attachment of asset orders issued under the PMLA. The Authority decides on the continuation, release, or further confiscation of the assets, based on the merits of the investigation.