With reference to Enforcement Directorate (ED), consider the following statements: 1. It is mandated with the task of enforcing the provisions of the Foreign Exchange Management Act and the Prevention of Money Laundering Act. 2. It is a statutory body. 3. Like CBI, Enforcement directorate can also register a case on its own. Which of the statements given above is/are correct? |ForumIAS

[A] 1 only

[B] 2 and 3 only

[C] 3 only

[D] 1 and 3 only

Answer: A

Notes:

Statement 1 is correct
Statement 2 is incorrect: It is not a statutory body. It is an agency under Min of Finance.
Statement 3 is incorrect:ED, unlike CBI, cannot register a case on its own. It is required by the agencies such as CBI or state police to register an offense based on which the ED Case Information Report is filed by Enforcement Directorate.