Prelims 2017 • Paper 1 (GS) • Q.20

Prelims 2017Paper 1 (GS) • Q.20
PrelimsPaper 1 (GS)2017 • Q.20
Polity

With reference to the 'Prohibition of Benami Property Transactions Act, 1988 (PBPT Act)', consider the following statements:

1
A property transaction is not treated as a benami transaction if the owner of the property is not aware of the transaction.
2
Properties held benami are liable for confiscation by the Government.
3
The Act provides for three authorities for investigations but does not provide for any appellate mechanism.
2017 PrelimsPaper 1 (GS)

Syllabus Connection

Indian Polity and Governance-Constitution, Political System, Panchayati Raj, Public Policy, Rights Issues, etc. (Prelims)

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