How can banks prevent Nirav Modi-Like scams?

Pnb scam

Background :-

  • Two employees of Punjab National Bank, the second largest public sector bank of India, tie up with Nirav Modi and issued LOUs(Letter of Undertaking) to overseas banks through SWIFT(Society for Worldwide Interbank Financial Telecommunication), without noting this
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Donald Trump’s Presidency – Pros & Cons

Donald Trump’s Presidency

Background:

  • In November 2020, United States of America will have elections to elect their next president.
  • Donald Trump, the 45th and current president of the United States, has been in power since January 20th 2017. He succeeded Barrack
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