Informatics Publishing Limited

Bajrang ¹, Pavitra ¹, Ritika ¹, Piyush ¹, Puneet ¹, Neha Parashar ²

Affiliations
1 Finance Final Year Students (Batch 2008-10), SCMHRD, Pune
2 Assistant Professor, Institute of Management, NIRMA University, Ahmedabad

Abstract

Mahatma Gandhi said, "Capital as such is not evil; it is its wrong use that is evil. Capital in some form or other will always be needed". The primary function of money is to serve as a medium of exchange, and as such it is accepted without question in the final discharge of debts or payment of goods or services. Money is the ischolar_main cause of many evils like corruption, black marketing, smuggling, drug trafficking, tax evasion and many more. People want more money to cater to their needs and at a point of time they do not hesitate to have money from any source (black or white). This paper titled "Factors Affecting Money Laundering: A Lesson for Developing Countries" aims to identify and examine the dynamics of Money Laundering in developing countries, India in particular. The paper will give a brief introduction about Money Laundering, its definition, the Process of Money Laundering, historical evolution and Consequences of Money Laundering. It includes a flow chart showing the procedure followed by banks to counter money laundering. We have also presented a timeline of various laws on Anti-Money laundering.

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Ashima Mehta ¹, Anuj Kumar Sharma ¹, Puneet ²

Affiliations
1 Department of CSE, OITM, Hisar, Haryana, IN
2 Chandigarh University, Mohali, Punjab, IN

Abstract

Color is one of the most imperative low-level features used in image retrieval and most content-based image retrievals (CBIR) schemes use color as an image features. However, imagere possession using only color features often provide very inadequate outcomes because in many cases, images with comparable colors do not have similar content. As the clarification of thisproblem this paper describes a novel algorithm for Content Based Image Retrieval (CBIR) based on Color Edge Detection and Discrete Wavelet Transform (DWT). This method is different from the existing histogram based techniques. Theproposed algorihm generates feature vectors that conglomerate both color and edge features. This documents also uses wavelet transform to diminish the size of the feature vector and concurrently conserving the content details. The forcefulness ofthe structure is also tested against query image adjustments such as geometric distortions and noise calculation etc. Wang's image database is used for tentative study and results are presented in terms of precision and recall.

Keywords

YCbCr, RGB, Canny Edge Detection, Color Edge Detection, Wavelet Transform.

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