Question

Ravindra Dubey was guilty of embezzlement. It means that Ravindra Dubey

• A. did not pay his bills.
• B. misappropriated assets he was entrusted with.
• C. engaged in circulating black money in the economy.
• D. cheated on his spouse.
• E. misreported educational qualification.

Hint:

- \textbf{Embezzlement} = financial crime involving misuse of entrusted funds.
- Differentiate it from: - \textit{Fraud} (false representation), - \textit{Theft} (stealing without trust relationship), - \textit{Money laundering} (concealing illicit money).

Answer 1

The Correct Option is B

Step 1: The key term in the question is \textit{embezzlement}. Embezzlement refers to the wrongful appropriation or theft of funds or assets by someone to whom they were entrusted, often in an official or fiduciary capacity.
Step 2: Option (A) "did not pay his bills" is incorrect — this relates to negligence in payments, not embezzlement.
Step 3: Option (B) "misappropriated assets he was entrusted with" directly defines embezzlement, making it correct.
Step 4: Option (C) "engaged in circulating black money" relates to money laundering or tax evasion, not embezzlement.
Step 5: Option (D) "cheated on his spouse" is about personal dishonesty, unrelated to financial crime.
Step 6: Option (E) "misreported educational qualification" would count as misrepresentation or fraud, but not embezzlement.
Thus, the only correct interpretation is (B). \(\boxed{\text{Correct Answer: (B)}}\)