CURRENT AFFAIRS

Detailed explanation-1: -New Delhi, India/18 November 2022: Hosted and chaired by the Government of India, the third ‘No Money for Terror’ Ministerial Conference on Counter-Terrorism Financing was held in New Delhi, attended by 450 senior government delegates from 70 nations and opened by the Prime Minister of India, Narendra Modi.

Detailed explanation-2: -India Is Hosting the ‘No Money for Terror’ Conference.

Detailed explanation-3: -International cooperation is the key to curbing the menace of terrorism finance more effectively. India hosted the ‘No Money for Terror’ conference on 18–19 November 2022 at New Delhi.

Detailed explanation-4: -Sources of terrorist funding include, but are not limited to, low-level fraud, kidnapping for ransom, the misuse of non-profit organisations, the illicit trade in commodities (such as oil, charcoal, diamonds, gold and the narcotic “captagon”), and digital currencies.

Detailed explanation-5: -Ministry of Home Affairs, Government of India is organising the 3rd Ministerial ‘No Money for Terror’ Conference on 18th and 19th of November in New Delhi.