In which of the following situations preparation is not punishabl?
Ram and Sham preparing to wage war against the state.
Ram and Shyam preparing counterfeit money and government stamps.
Preparation to commit theft.
Preparation to commit Dacoity.
There are some exceptions in which mere preparation is punishable in IPC, it includes, preparation to commit dacoity (Section 399); preparation for counterfeiting coins and government stamps; waging war (Section 122). Hence the correct option is c.