Question
General Knowledge Question on Social Issues and Challenges
…….is a scheme is an illegal investment scam based on a hierarchical set up of network marketing.It is a fraudulent system of making money based on recruiting on ever-increasing number of investors.
A
Pyramid scheme
B
Chitfund fraud
C
Daytime robbery
D
Circular Investment fraud
Answer
Pyramid scheme
Explanation
Solution
The correct option is (A):Pyramid scheme