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Question

1. Corruption is the abuse of entrusted power for public gain.

2. Corruption has a positive impact on our personal lives.

3. Corruption strengthens trust in the system and positively affects the social, economic, and political life of the country.

Which of the statement(s) are incorrect about corruption?

A
2 only
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B
1 and 3 only
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C
1 and 2 only
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D
1, 2, and 3
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Solution

The correct option is D 1, 2, and 3
Corruption refers to the dishonest behavior by those in positions of power, such as managers or government officials. Corruption can include giving or accepting bribes or inappropriate gifts, double-dealing, under-the-table transactions, manipulating elections, diverting funds, laundering money, and defrauding investors. Corruption erodes trust, weakens democracy, hampers economic development and further exacerbates inequality, poverty, and social divisions. However, it can be curbed by seeking transparency and accountability. Governments must reinforce a culture that fosters strong ethical behavior while holding those to account who violate the norms.

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