n NISM Certifications
VII NISM Series VII
Medium

Active concealment of a fact by a person having knowledge or belief of the fact is considered an offence under _______.

Practice question from NISM Series VII Mock Test 1 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    Prevention of Money Laundering Act, 2002

  2. B

    SEBI KYC Registration Agency (KRA) Regulations, 2011

  3. SEBI (Prohibition of Fraudulent and Unfair Trade Practices Relating to Securities Market) Regulations, 2003

    Correct answer

  4. D

    Companies Act

A full explanation for this question is being written. In the meantime, the correct answer is highlighted above.

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