Internal Security / Economic Offences
The Directorate of Revenue Intelligence has launched Operation Bullion Blaze in Mumbai to dismantle organised gold-smuggling and illicit melting networks. The drive targets illegal inflows of gold that fuel black-market trading and tax evasion.
The operation focuses on intercepting smuggled bullion, shutting down unregistered melting units, and disrupting syndicates operating outside regulatory oversight. It strengthens economic security by curbing revenue loss and undermining criminal financial networks.
MCQ
Which objective best describes the purpose of Operation Bullion Blaze?
- Cracking gold-smuggling and illegal bullion-melting networks in Mumbai
- Promoting domestic gold-refining industries
- Regulating jewellery hallmarking centres
- Increasing export of certified bullion from India
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