Practicing Success

Target Exam

CUET

Subject

Legal Studies

Chapter

Topics of Law

Question:
Which of the following is a category of crime (s)?
Options:
Blue Collar Crime
Red Collar Crime
White Collar Crime
Gold Collar Crime
Correct Answer:
White Collar Crime
Explanation:
White-Collar Crime: White-collar crimes are generally economic offences that are committed by people of high social status. They commit these crimes in their respective occupations. Examples are embezzling (stealing money from one's employer), insider trading, and tax evasion and other violations of income tax laws. Instance of corruption, bribery and large-scale scams fall in the category of white collar crimes.