What is the name of the operation launched by the CBI to combat cybercrime involving mule bank accounts?

Question

In a major action against cybercrime and Digital Arrest Scams, the Central Bureau of Investigation (CBI) launched searches at 42 locations across Rajasthan, Delhi, Haryana, Uttarakhand, and Uttar Pradesh under Operation Chakra-5.  The investigation found over 700 bank branches nationwide had opened about 8.5 lakh mule accounts without proper Know Your Customer (KYC) checks or risk assessment.Operation Chakra-V was started by the CBI. Its main aim is to counter international cybercrime networks involved in digital arrests, online financial frauds, data theft, and impersonation.

GKToday Admin · Accepted Answer

Operation Chakra-5 In a major action against cybercrime and Digital Arrest Scams, the Central Bureau of Investigation (CBI) launched searches at 42 locations across Rajasthan, Delhi, Haryana, Uttarakhand, and Uttar Pradesh under Operation Chakra-5.  The investigation found over 700 bank branches nationwide had opened about 8.5 lakh mule accounts without proper Know Your Customer (KYC) checks or risk assessment.Operation Chakra-V was started by the CBI. Its main aim is to counter international cybercrime networks involved in digital arrests, online financial frauds, data theft, and impersonation.

Current Affairs

Daily MCQs

Monthly MCQs

Topic Wise CA MCQs

Current Affairs Articles

CA MCQs in Other Languages

GK MCQs Section

SSC/RRB/States Level MCQs