Q1: 1. What does Section 489E of the Indian Penal Code 1860 relate to?

• A) A) Offences against property
• B) B) Offences against documents
• C) C) Offences against currency notes
• D) D) Offences against property marks

Q2: 2. What is the penalty for making or using documents resembling currency-notes or bank-notes under Section 489E?

• A) A) Imprisonment for 1 year
• B) B) Fine only
• C) C) Imprisonment for 10 years
• D) D) Community service

Q3: 3. Which of the following is considered an offence under Section 489E?

• A) A) Making counterfeit coins
• B) B) Making counterfeit currency notes
• C) C) Making counterfeit property marks
• D) D) None of the above

Q4: 4. In a real-life scenario, if someone is caught using fake currency notes at a store, which section of the IPC would likely apply?

• A) A) Section 420
• B) B) Section 489E
• C) C) Section 406
• D) D) Section 302

Q5: 5. What is the intention behind Section 489E of the IPC?

• A) A) To prevent forgery of important documents
• B) B) To deter individuals from using counterfeit currency
• C) C) To regulate property marks
• D) D) To protect government property

Q6: 6. If someone unknowingly receives a counterfeit currency note and tries to use it, would they be liable under Section 489E?

• A) A) Yes
• B) B) No
• C) C) Depends on the amount
• D) D) Depends on the intention

Q7: 7. Which of the following actions is punishable under Section 489E?

• A) A) Making photocopies of currency notes for personal use
• B) B) Using a genuine currency note to buy goods
• C) C) Making or using documents resembling currency notes
• D) D) Trading in foreign currency

Q8: 8. In a case where a person is found in possession of equipment to make fake currency notes, which section of the IPC would likely apply?

• A) A) Section 420
• B) B) Section 489E
• C) C) Section 406
• D) D) Section 302

Q9: 9. What is the importance of Section 489E in preventing financial crimes?

• A) A) It regulates online transactions
• B) B) It prohibits counterfeit currency production
• C) C) It enforces tax laws
• D) D) It protects intellectual property

Q10: 10. If a person unintentionally creates a document resembling a currency note for artistic purposes, would they be liable under Section 489E?

• A) A) Yes
• B) B) No
• C) C) Only if used for payment
• D) D) Depends on the value

Q11: 11. What is the primary objective of Section 489E in the IPC?

• A) A) To restrict the use of property marks
• B) B) To prevent the production of counterfeit currency
• C) C) To regulate the circulation of coins
• D) D) To protect government secrets

Q12: 12. If someone is found guilty under Section 489E, what could be the potential consequences?

• A) A) Fine only
• B) B) Community service
• C) C) Imprisonment and fine
• D) D) Warning letter

Q13: 13. In a scenario where fake currency notes are used in a financial transaction, who would be held responsible under Section 489E?

• A) A) Buyer only
• B) B) Seller only
• C) C) Both buyer and seller
• D) D) Bank

Q14: 14. How does Section 489E contribute to maintaining the integrity of the financial system?

• A) A) By regulating online banking
• B) B) By preventing counterfeiting of currency
• C) C) By monitoring stock markets
• D) D) By enforcing trade laws

Q15: 15. If an individual unknowingly receives a counterfeit currency note and reports it to the authorities, would they be liable under Section 489E?

• A) A) Yes
• B) B) No
• C) C) Only if used for payment
• D) D) Depends on the amount

Q16: 16. What constitutes a document resembling a currency note under Section 489E?

• A) A) A document used for educational purposes
• B) B) A document with similar colors to a currency note
• C) C) A document with monetary value
• D) D) A document used for identification

Q17: 17. If a person is found distributing pamphlets resembling currency notes for advertising purposes, would they be violating Section 489E?

• A) A) Yes
• B) B) No
• C) C) Only if used for payment
• D) D) Depends on the quantity

Q18: 18. How does the existence of Section 489E deter individuals from engaging in counterfeit activities?

• A) A) By increasing fines
• B) B) By imposing strict penalties
• C) C) By regulating banks
• D) D) By promoting cashless transactions

Q19: 19. In a case where an individual uses a fake currency note to pay for services, who would be held accountable under Section 489E?

• A) A) Service provider only
• B) B) Customer only
• C) C) Both service provider and customer
• D) D) Government

Q20: 20. What role does Section 489E play in safeguarding the public trust in the currency system?

• A) A) It prevents inflation
• B) B) It ensures the availability of cash
• C) C) It discourages counterfeit activities
• D) D) It promotes digital payments

Q21: 21. If someone is found in possession of counterfeit currency notes but claims they were unaware of their origin, would they be held liable under Section 489E?

• A) A) Yes
• B) B) No
• C) C) Only if used for payment
• D) D) Depends on the amount

Q22: 22. How does Section 489E contribute to maintaining economic stability?

• A) A) By controlling interest rates
• B) B) By preventing money laundering
• C) C) By regulating stock markets
• D) D) By discouraging counterfeit currency circulation

Q23: 23. In a situation where fake currency notes are used in a charitable donation, would the donor be liable under Section 489E?

• A) A) Yes
• B) B) No
• C) C) Only if reported
• D) D) Depends on the charity organization

Q24: 24. What measures can individuals take to avoid unknowingly possessing counterfeit currency notes and violating Section 489E?

• A) A) Verify the source of all cash transactions
• B) B) Refuse to accept any cash payments
• C) C) Avoid using cash altogether
• D) D) None of the above

Q25: 25. If a person is found guilty under Section 489E, what could be the potential impact on their financial future?

• A) A) Blacklisting by banks
• B) B) Difficulty in obtaining loans
• C) C) Loss of job opportunities
• D) D) All of the above