The quantum of punishments given under Indian Penal Code are:
A. Whoever commits extortion shall be punished with imprisonment of either description for a term which may extend to three years or with a fine or with both.
B. Whoever commits a criminal breach of trust shall be punished for a term that may extend to seven years.
C. Whoever dishonestly misappropriates or converts to his own use any movable property shall be punished with imprisonment of either description for a term which may extend to two years or with a fine or with both.
D. Whoever makes any preparation for committing dacoity shall be punished with a fine only.
E. If at the time of attempting to commit robbery or dacoity the offender is armed with deadly weapons, shall be punished for two years
Choose the correct answer from the options given below:

Correct option is D

Statement B – Incorrect
As per Section 406 IPC, the punishment for criminal breach of trust is up to 3 years, not 7 years. (Section 409 allows for up to life imprisonment, but only for certain classes of persons like public servants.)

Statement A – Correct
Refer to Section 384 IPC: Punishment for extortion is imprisonment of either description up to 3 years, or fine, or both.

Statement C – Correct
Under Section 403 IPC, dishonest misappropriation or conversion of movable property is punishable with imprisonment up to 2 years, or with fine, or with both.

Statement D – Incorrect
Section 399 IPC states that preparation to commit dacoity is punishable with rigorous imprisonment for a term which may extend to 10 years, and the offender shall also be liable to fine. So, it's not fine only.

Statement E – Incorrect
As per Section 397 IPC, if, at the time of committing or attempting robbery/dacoity, the offender is armed with a deadly weapon, the punishment is not less than 7 years, not merely 2 years.