Enforcement Directorate: Aims & Parent agency - General Economics & Indian Economy
Q. Which of the following statements are true about Enforcement Directorate?
1. ED is a law enforcement agency and economic intelligence agency responsible for enforcing economic laws and fighting economic crime in India.
2. It part of the economic wing of CBI.- Published on 12 Aug 15a. Only 1
b. Only 2
c. Both
d. None
ANSWER: Only 1
ED 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. It was established on the 1st day of June, 2000 by the Central Govt. of India to investigate provisions of the Foreign Exchange Management Act, 1999.