Enforcement Directorate, ED - GS questions based on daily current affairs

1)   Which of the following statements is/are correct about Enforcement Directorate?

1. It works under Ministry of Home affairs
2. It has responsibility of enforcing two laws: Foreign Exchange Management Act and Prevention of money laundering Act.


a. Only 1
b. Only 2
c. Both
d. None
Answer  Explanation 

ANSWER: Only 2

Explanation:
Enforcement Directorate is part of the Department of Revenue, Ministry of Finance.
It comprises officers of the Indian Revenue Service, Indian Police Service and the Indian Administrative Service.