2) Consider the following statements regarding Recent I4C’s inclusion under PMLA, 2002
I4C is the 27th entity authorized to share information with the Enforcement Directorate under Section 66 of PMLA, 2002.
I4C operates under the Ministry of Finance to combat cyber-enabled financial crimes.
Which of the statements given above is/are correct?
a.
b.
c.
d.
Answer : a
Data Sharing by Enforcement Directorate (ED)
The Finance Ministry has included the I4C in the list of agencies with which the Enforcement Directorate is permitted to share information under the Prevention of Money Laundering Act (PMLA).
Reason – The measure comes amid growing instances of cyber frauds, Digital arrest and most cyber frauds are trans-national in nature.
4) Consider the following statements regarding the National Investigation Agency (NIA)
The NIA was established under the National Investigation Agency Act, 2008, after the 26/11 Mumbai terror attacks.
NIA comes under the Ministry of Defence.
Which of the statements given above is/are correct?
a.
b.
c.
d.
Answer : a
National Investigation Agency (NIA)
It is the central counter-terrorism law enforcement agency in India.
Established in - 2008.
Head Quarters - New Delhi.
Nodal Ministry – Ministry of Home Affairs (MHA).
Purpose - To investigate and prosecute offences affecting the sovereignty, security and integrity of India, security of State, friendly relations with foreign States and actions violating existing Acts and international treaties.
Established under -National Investigation Agency Act, 2008 after the deadly 26/11 terror attacks on Mumbai.