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Consider the following statements regarding the Fugitive Economic Offenders Act: 1. A Fugitive Economic Offender (FEO) is a person who has fled the country and against whom an arrest warrant has been issued for involvement in economic offences involving at least Rs. 100 crores. 2. Under the Act, authorities are empowered to confiscate assets even when no conviction has been obtained. 3. Financial Intelligence Unit is the nodal agency to implement the Act. How many of the statements given above are correct?
This question appeared in the HPSC Prelims 2023 examination (GS-II). It is Question 5 out of 200 questions in this paper.
This question was part of the HPSC Prelims 2023 (GS-II). The HPSC Prelims examination tests candidates on general studies, current affairs, and aptitude through multiple-choice questions.
Practice previous year questions from all HPSC Prelims papers and compare patterns with UPSC Prelims PYQ to identify overlapping topics.