Q11. Which act criminalizes both bribe-taking by public servants and bribe-giving by any person?
a) Prevention of Corruption Act, 1988
b) Indian Penal Code, 1860
c) Companies Act, 2013
d) Prevention of Money Laundering Act, 2002
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Correct Answer: a) Prevention of Corruption Act, 1988
Explanation: The Prevention of Corruption Act, 1988, criminalizes both bribe-taking by public servants and bribe-giving by any person.
Q12. What is the punishment for habitual offenders under the Prevention of Corruption Act, 1988?
a) Imprisonment for 1-3 years
b) Imprisonment for 3-7 years
c) Imprisonment for 5-10 years
d) Imprisonment for 7-14 years
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Correct Answer: d) Imprisonment for 7-14 years
Explanation: Habitual offenders under the Prevention of Corruption Act, 1988, can be punished with imprisonment for a term ranging from 7 to 14 years.
Q13. Which act provides for the establishment of Special Judges to try corruption cases?
a) Prevention of Corruption Act, 1988
b) Indian Penal Code, 1860
c) Companies Act, 2013
d) Prevention of Money Laundering Act, 2002
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Correct Answer: a) Prevention of Corruption Act, 1988
Explanation: The Prevention of Corruption Act, 1988, provides for the appointment of Special Judges by the central or state government to try corruption cases.
Q14. What is the role of the Central Bureau of Investigation (CBI) in combating corruption?
a) To regulate corporate governance
b) To investigate and prosecute corruption cases
c) To oversee financial transactions
d) To manage public procurement processes
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Correct Answer: b) To investigate and prosecute corruption cases
Explanation: The Central Bureau of Investigation (CBI) is responsible for investigating and prosecuting corruption cases under the Prevention of Corruption Act, 1988, and the Indian Penal Code, 1860.
Q15. Which act aims to prevent the use of ‘proceeds of crime’ in India?
a) Prevention of Corruption Act, 1988
b) Indian Penal Code, 1860
c) Companies Act, 2013
d) Prevention of Money Laundering Act, 2002
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Correct Answer: d) Prevention of Money Laundering Act, 2002
Explanation: The Prevention of Money Laundering Act, 2002, aims to prevent the use of ‘proceeds of crime’ in India and prescribes strict punishment for money laundering offenses.
Q16. Which act provides for the establishment of an ombudsman to investigate allegations of corruption against public servants?
a) Prevention of Corruption Act, 1988
b) Lokpal and Lokayuktas Act, 2013
c) Companies Act, 2013
d) Prevention of Money Laundering Act, 2002
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Correct Answer: b) Lokpal and Lokayuktas Act, 2013
Explanation: The Lokpal and Lokayuktas Act, 2013, provides for the establishment of an ombudsman (Lokpal at the central level and Lokayuktas at the state level) to investigate allegations of corruption against public servants.
Q17. What is the primary function of the Central Vigilance Commission (CVC)?
a) To regulate foreign contributions
b) To oversee vigilance administration and advise the executive on corruption matters
c) To manage public procurement processes
d) To investigate and prosecute money laundering cases
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Correct Answer: b) To oversee vigilance administration and advise the executive on corruption matters
Explanation: The Central Vigilance Commission (CVC) oversees vigilance administration and advises the executive on matters related to corruption.
Q18. Which act criminalizes the act of obtaining any undue advantage to cause the improper performance of public duty?
a) Prevention of Corruption Act, 1988
b) Indian Penal Code, 1860
c) Companies Act, 2013
d) Prevention of Money Laundering Act, 2002
Show Answer
Correct Answer: a) Prevention of Corruption Act, 1988
Explanation: The Prevention of Corruption Act, 1988, criminalizes the act of obtaining any undue advantage to cause the improper or dishonest performance of public duty.
Q19. Which act provides for the attachment and forfeiture of property involved in money laundering?
a) Prevention of Corruption Act, 1988
b) Indian Penal Code, 1860
c) Companies Act, 2013
d) Prevention of Money Laundering Act, 2002
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Correct Answer: d) Prevention of Money Laundering Act, 2002
Explanation: The Prevention of Money Laundering Act, 2002, provides for the attachment and forfeiture of property involved in money laundering offenses.
Q20. What is the role of the Serious Fraud Investigation Office (SFIO)?
a) To regulate corporate governance
b) To investigate and prosecute white-collar crimes and frauds in companies
c) To oversee financial transactions
d) To manage public procurement processes
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Correct Answer: b) To investigate and prosecute white-collar crimes and frauds in companies
Explanation: The Serious Fraud Investigation Office (SFIO) is responsible for investigating and prosecuting white-collar crimes and frauds in companies under the Companies Act, 2013.