Topic: money-laundering and its prevention.
3) How does globalization impact money laundering? Examine the recent policy efforts by the Government of India to address such problems.(250 words)
Why this question:
The question is to analyse the impact of globalisation on money laundering.
Demand of the question:
The answer must discuss the impact of globalization on money laundering.
Examine – When asked to ‘Examine’, we have to look into the topic (content words) in detail, inspect it, investigate it and establish the key facts and issues related to the topic in question. While doing so we should explain why these facts and issues are important and their implications.
Structure of the answer:
Start with brief description of the question’s context.
- One can have the following points in the answer:
- Start the answer by drawing the link between money laundering and globalization.
- Briefly explain how globalization impacts money laundering.
- Examine the recent policy efforts taken by the government.
Conclude with way forward.