With reference to the bounty on Masood Azhar, consider the following statements: 1. The bounty on Masood Azhar was increased to PKR 70 lakh. 2. The bounty was increased to PKR 50 lakh to meet FATF requirements. 3. The Federal Investigation Agency (FIA) is the body responsible for the bounty. Which of the statements given above is/are correct?

Pakistan has raised the bounty on Jaish-e-Mohammed (JeM) chief Masood Azhar

GS3Economy · S&T · Environment · Security· Terrorism & insurgency (J&K, North-East)· Prelims· 14 September 2026

FATF compliance and counter-terrorism financing: a relevant GS3 Internal Security case study.

Why in news

Pakistan increased the bounty on JeM chief Masood Azhar to PKR 70 lakh and listed him as a fugitive in its Red Book ahead of the FATF plenary.

Background

The Federal Investigation Agency (FIA) increased the bounty from PKR 50 lakh (offered in 2021) to PKR 70 lakh. The move is intended to meet Financial Action Task Force (FATF) requirements and project action against terrorism.

Facts for Prelims

FactThe current bounty on Masood Azhar is PKR 70 lakh.
BodyThe Federal Investigation Agency (FIA) is the Pakistani body responsible for the bounty and fugitive listing.
Intl. orgThe Financial Action Task Force (FATF) plenary is scheduled for October.
FactThe bounty was initially PKR 50 lakh in 2021.

Prelims practice question

With reference to the bounty on Masood Azhar, consider the following statements:

The bounty on Masood Azhar was increased to PKR 70 lakh.
The bounty was increased to PKR 50 lakh to meet FATF requirements.
The Federal Investigation Agency (FIA) is the body responsible for the bounty.

Which of the statements given above is/are correct?

(a)1 only
(b)1 and 2 only
(c)1 and 3 only
(d)1, 2 and 3

Show answer

Answer: (c) 1 and 3 only — Statements 1 and 3 are correct. Statement 2 is incorrect: The bounty was increased from PKR 50 lakh to PKR 70 lakh.

For Mains

Q. Discuss the challenges faced by international bodies like FATF in monitoring and curbing the financing of cross-border terrorist organizations.

Dimensions to cover in your answer

Regulatory arbitrage: Exploitation of jurisdictional gaps to shield terror financing
Diplomatic friction: Perception of 'tokenistic' measures to satisfy international compliance
Institutional bottleneck: Difficulty in verifying the physical location of fugitives in non-cooperative states

Keywords: cross-border terrorism · FATF compliance · terror financing · non-state actors · sovereign accountability

Read the full news →Report a mistake in this note Source: Times of India ↗

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