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Question

1. Corruption is the misuse of the public position for personal benefits.

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.

4. Corruption has adverse effects on the economy and society of our country.

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

A
1 and 4
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B
2 and 3
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C
1, 2 and 3
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D
3 and 4
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Solution

The correct option is B 2 and 3
The World Bank has defined corruption as a system in which there is a misuse of the public position for personal benefits. It is prevalent in both the public and private sectors of the Indian economy. Corruption erodes trust, weakens democracy, hampers economic development and 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 behaviour.

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