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7) It is said that there is a need for stronger regulatory framework to deal with the menace of Ponzi schemes across the country. Examine why Ponzi schemes are considered as menace and what regulatory mechanism is needed to deal with them.

TopicIndian economy – issues

7) It is said that there is a need for  stronger regulatory framework to deal with the menace of Ponzi schemes across the country. Examine why Ponzi schemes are considered as menace and what regulatory mechanism is needed to deal with them. (200 Words)

Business Standard