UPSC Themes

UPSC CSE Mains 2013 · GS3

Money laundering poses a serious security threat to a country’s economic sovereignty. What is its significance for India and what steps are required to be taken to control this menace?

Theme

T164 Terror financing & money laundering: FATF, NMFT, PMLA

What UPSC asks in this theme

UPSC asks terror funding sources (counterfeit currency, laundering), FATF compliance, the NMFT conference, emerging tech and money laundering, and the threat to economic sovereignty.

What to cover

Writing the answer

These notes are for the whole theme, built from all 4 of its PYQs. UPSC does not publish model answers.

More PYQs from this theme

  1. GS3202615 marks

    Discuss counterfeit currency and money laundering as major sources of terror funding in India. State the actions being taken at International level to check these menaces. Highlight the role of Financial Action Task Force (FATF) and methods of compliance by its member states in preventing terror funding.

  2. GS3202315 marks

    Give out the major sources of terror funding in India and the efforts being made to curtail these sources. In the light of this, also discuss the aim and objective of the No Money for Terror (NMFT) Conference recently held at New Delhi in November 2022.

  3. GS32021

    Discuss how emerging technologies and globalisation contribute to money laundering. Elaborate measures to tackle the problem of money laundering both at national and international levels.

All 25 GS3 2013 questions · Technology, Economy, Environment, Security & Disaster Management · Report a typo