{"id":105778,"date":"2026-05-29T16:36:00","date_gmt":"2026-05-29T11:06:00","guid":{"rendered":"https:\/\/vajiramandravi.com\/current-affairs\/?p=105778"},"modified":"2026-05-29T16:36:00","modified_gmt":"2026-05-29T11:06:00","slug":"central-economic-intelligence-bureau-ceib","status":"publish","type":"post","link":"https:\/\/vajiramandravi.com\/current-affairs\/central-economic-intelligence-bureau-ceib\/","title":{"rendered":"Central Economic Intelligence Bureau (CEIB), Ministry, Functions"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">The <\/span><b>Central Economic Intelligence Bureau (CEIB)<\/b><span style=\"font-weight: 400;\"> is the nodal agency for economic intelligence in India. It functions under the <\/span><b>Department of Revenue, Ministry of Finance<\/b><span style=\"font-weight: 400;\">, and plays a major role in coordinating intelligence related to economic offenses, financial frauds, smuggling, tax evasion, money laundering, and other financial crimes. Established in <\/span><b>1985<\/b><span style=\"font-weight: 400;\">, the CEIB acts as a central repository of information on economic offenses and helps different enforcement agencies work together effectively.<\/span><\/p>\n<h2><b>Central Economic Intelligence Bureau (CEIB)<\/b><\/h2>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Central Economic Intelligence Bureau (CEIB) acts as a <\/span><b>central repository of economic offense records and intelligence data<\/b><span style=\"font-weight: 400;\">.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">It coordinates with agencies like the <\/span><a href=\"https:\/\/vajiramandravi.com\/current-affairs\/enforcement-directorate\/\" target=\"_blank\"><b>Enforcement Directorate (ED)<\/b><\/a><b>, <\/b><a href=\"https:\/\/vajiramandravi.com\/upsc-exam\/central-bureau-of-investigation\/\" target=\"_blank\"><b>Central Bureau of Investigation (CBI)<\/b><\/a><b>, Directorate of Revenue Intelligence (DRI), Income Tax Department, and Financial Intelligence Unit (FIU)<\/b><span style=\"font-weight: 400;\">.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">The bureau works as a <\/span><b>clearinghouse for sharing economic intelligence<\/b><span style=\"font-weight: 400;\"> among enforcement agencies.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">CEIB serves as the <\/span><b>secretariat of the Economic Intelligence Council (EIC)<\/b><span style=\"font-weight: 400;\">.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">It also coordinates the functioning of <\/span><b>21 Regional Economic Intelligence Councils (REICs)<\/b><span style=\"font-weight: 400;\"> across India.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">The bureau conducts <\/span><b>antecedent verification of borrowers<\/b><span style=\"font-weight: 400;\"> seeking loans above <\/span><b>\u20b950 crores<\/b><span style=\"font-weight: 400;\"> from <\/span><a href=\"https:\/\/vajiramandravi.com\/current-affairs\/public-sector-banks-in-india\/\" target=\"_blank\"><b>Public Sector Banks<\/b><\/a> <span style=\"font-weight: 400;\">(PSBs).<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">CEIB administers the <\/span><b>Conservation of Foreign Exchange and Prevention of Smuggling Activities Act (<\/b><a href=\"https:\/\/vajiramandravi.com\/current-affairs\/cofeposa\/\" target=\"_blank\"><b>COFEPOSA<\/b><\/a><b>)<\/b><span style=\"font-weight: 400;\"> at the central level.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">It helps in combating <\/span><b>money laundering, smuggling, tax evasion, hawala transactions, and financial frauds<\/b><span style=\"font-weight: 400;\">.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">The organization is headed by a <\/span><b>Special Secretary-cum-Director General (DG)<\/b><span style=\"font-weight: 400;\">.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">CEIB strengthens <\/span><b>economic security, financial intelligence, and inter-agency coordination<\/b><span style=\"font-weight: 400;\"> in India.<\/span><\/li>\n<\/ul>\n<h2><b>About Ministry of Finance<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">The <\/span><b>Ministry of Finance<\/b><span style=\"font-weight: 400;\"> is one of the most important ministries of the Government of India responsible for managing the country\u2019s <\/span><b>economy, financial system, taxation, expenditure, banking, and budget<\/b><span style=\"font-weight: 400;\">.<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">It plays a major role in the formulation and implementation of India\u2019s <\/span><b>economic policies<\/b><span style=\"font-weight: 400;\">.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">The ministry is headed by the <\/span><b>Finance Minister of India<\/b><span style=\"font-weight: 400;\">.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">It is responsible for preparing the <\/span><b>Annual Union Budget<\/b><span style=\"font-weight: 400;\"> and presenting it in Parliament.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">The Ministry of Finance manages the government\u2019s <\/span><b>revenue collection and public expenditure<\/b><span style=\"font-weight: 400;\">.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">It supervises the functioning of <\/span><b>banks, insurance companies, financial institutions, and <\/b><a href=\"https:\/\/vajiramandravi.com\/current-affairs\/capital-market\/\" target=\"_blank\"><b>capital markets<\/b><\/a><span style=\"font-weight: 400;\">.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">The ministry works to maintain <\/span><b>economic stability, financial growth, and fiscal discipline<\/b><span style=\"font-weight: 400;\"> in the country.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">It frames policies related to <\/span><b>taxation, investment, public debt, and foreign exchange management<\/b><span style=\"font-weight: 400;\">.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">The ministry coordinates with important institutions like the <\/span><b>Reserve Bank of India (RBI), <\/b><a href=\"https:\/\/vajiramandravi.com\/upsc-exam\/securities-and-exchange-board-of-india-sebi\/\" target=\"_blank\"><b>SEBI<\/b><\/a><b>, <\/b><a href=\"https:\/\/vajiramandravi.com\/current-affairs\/national-bank-for-agriculture-and-rural-development-nabard\/\" target=\"_blank\"><b>NABARD<\/b><\/a><b>, and Public Sector Banks<\/b><span style=\"font-weight: 400;\">.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">It handles matters related to <\/span><a href=\"https:\/\/vajiramandravi.com\/current-affairs\/direct-tax\/\" target=\"_blank\"><b>direct taxes<\/b><\/a><b> and <\/b><a href=\"https:\/\/vajiramandravi.com\/current-affairs\/indirect-tax\/\" target=\"_blank\"><b>indirect taxes<\/b><\/a><span style=\"font-weight: 400;\"> through various departments.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">The ministry also plays a major role in controlling <\/span><b>inflation, <\/b><a href=\"https:\/\/vajiramandravi.com\/current-affairs\/fiscal-deficit\/\" target=\"_blank\"><b>fiscal deficit<\/b><\/a><b>, and economic reforms<\/b><span style=\"font-weight: 400;\">.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">It is involved in policy decisions related to <\/span><a href=\"https:\/\/vajiramandravi.com\/current-affairs\/goods-and-services-tax\/\" target=\"_blank\"><b>GST<\/b><\/a><b>, customs duty, income tax, corporate tax, and financial regulation<\/b><span style=\"font-weight: 400;\">.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">The Ministry of Finance represents India in international financial organizations such as the <\/span><a href=\"https:\/\/vajiramandravi.com\/current-affairs\/world-bank\/\" target=\"_blank\"><b>World Bank<\/b><\/a><b>, <\/b><a href=\"https:\/\/vajiramandravi.com\/upsc-exam\/international-monetary-fund\/\" target=\"_blank\"><b>International Monetary Fund (IMF)<\/b><\/a><b>, <\/b><a href=\"https:\/\/vajiramandravi.com\/current-affairs\/asian-development-bank-adb\/\" target=\"_blank\"><b>Asian Development Bank (ADB)<\/b><\/a><b>, and AIIB<\/b><span style=\"font-weight: 400;\">.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">It helps in promoting <\/span><a href=\"https:\/\/vajiramandravi.com\/upsc-exam\/financial-inclusion\/\" target=\"_blank\"><b>financial inclusion<\/b><\/a><b>, digital payments, and economic development<\/b><span style=\"font-weight: 400;\">.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">The ministry also monitors and combats <\/span><b>economic offenses, money laundering, and financial frauds<\/b><span style=\"font-weight: 400;\"> through different agencies.<\/span><\/li>\n<\/ul>\n<h2><b>UPSC CSE Prelims PYQs<\/b><\/h2>\n<p><b>Que. With reference to the organisations under the Government of India, consider the following details:<\/b><\/p>\n<table>\n<tbody>\n<tr>\n<td>\n<p><b>Sl. No.<\/b><\/p>\n<\/td>\n<td>\n<p><b>Organization<\/b><\/p>\n<\/td>\n<td>\n<p><b>Function<\/b><\/p>\n<\/td>\n<td>\n<p><b>Controlling Union Ministry<\/b><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td>\n<p><span style=\"font-weight: 400;\">1.<\/span><\/p>\n<\/td>\n<td>\n<p><span style=\"font-weight: 400;\">Central Economic Intelligence Bureau (CEIB)<\/span><\/p>\n<\/td>\n<td>\n<p><span style=\"font-weight: 400;\">To coordinate between various law enforcement agencies on economic intelligence matters<\/span><\/p>\n<\/td>\n<td>\n<p><span style=\"font-weight: 400;\">Ministry of Finance (Department of Revenue)<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td>\n<p><span style=\"font-weight: 400;\">2.<\/span><\/p>\n<\/td>\n<td>\n<p><a href=\"https:\/\/vajiramandravi.com\/current-affairs\/sfio-upsc\/\" target=\"_blank\"><b>Serious Fraud Investigation Office (SFIO)<\/b><\/a><\/p>\n<\/td>\n<td>\n<p><span style=\"font-weight: 400;\">To investigate complex corporate frauds and white-collar crimes<\/span><\/p>\n<\/td>\n<td>\n<p><span style=\"font-weight: 400;\">Ministry of Corporate Affairs<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td>\n<p><span style=\"font-weight: 400;\">3.<\/span><\/p>\n<\/td>\n<td>\n<p><span style=\"font-weight: 400;\">Central Bureau of Investigation (CBI)<\/span><\/p>\n<\/td>\n<td>\n<p><span style=\"font-weight: 400;\">To preserve values in public life and ensure the health of the national economy through investigation of corruption and major crimes<\/span><\/p>\n<\/td>\n<td>\n<p><span style=\"font-weight: 400;\">Ministry of Personnel, Public Grievances and Pensions<\/span><\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><b>In how many of the above rows are the given details correctly matched?<\/b><\/p>\n<p><span style=\"font-weight: 400;\">(a) 1<\/span><\/p>\n<p><span style=\"font-weight: 400;\">(b) 2<\/span><\/p>\n<p><span style=\"font-weight: 400;\">(c) 3<\/span><\/p>\n<p><span style=\"font-weight: 400;\">(d) None<\/span><\/p>\n<p><b>Answer: (a) 1<\/b><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Central Economic Intelligence Bureau (CEIB) coordinates economic intelligence in India to combat smuggling, tax evasion, money laundering, and financial frauds.<\/p>\n","protected":false},"author":25,"featured_media":105783,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[786],"tags":[7825,7823,7824],"class_list":{"0":"post-105778","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-general-studies","8":"tag-ceib","9":"tag-central-economic-intelligence-bureau","10":"tag-ministry-of-finance","11":"no-featured-image-padding"},"acf":[],"_links":{"self":[{"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/posts\/105778","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/users\/25"}],"replies":[{"embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/comments?post=105778"}],"version-history":[{"count":1,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/posts\/105778\/revisions"}],"predecessor-version":[{"id":105779,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/posts\/105778\/revisions\/105779"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/media\/105783"}],"wp:attachment":[{"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/media?parent=105778"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/categories?post=105778"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/tags?post=105778"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}