Q.2) Instances of people losing their hard-earned money to Ponzi schemes keep coming to light. What are Ponzi schemes? How these schemes run unhindered in India? In your opinion, what steps should be taken to curb the menace of these schemes? (GS-3)

Q.2) Instances of people losing their hard-earned money to Ponzi schemes keep coming to light. What are Ponzi schemes? How these schemes run unhindered in India? In your opinion, what steps should be taken to curb the menace of these schemes? (GS-3)

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