What is your understanding of corruption?

Corruption is a form of dishonesty or a criminal offense which is undertaken by a person or an organization which is entrusted with a position of authority, in order to acquire illicit benefits or abuse power for one’s personal gain.

What are your views on corruption in India?

Anti-corruption laws in India Prosecution section of Income Tax Act, 1961. The Prevention of Corruption Act, 1988. The Benami Transactions (Prohibition) Act, 1988 to prohibit benami transactions. Prevention of Money Laundering Act, 2002.

What are the examples of corruption?

Corruption can take many forms, and can include behaviours like:

• public servants demanding or taking money or favours in exchange for services,
• politicians misusing public money or granting public jobs or contracts to their sponsors, friends and families,
• corporations bribing officials to get lucrative deals.

What are the results of corruption?

Organisational impacts of corruption

• financial loss.
• damage to employee morale.
• damage to organisation’s reputation.
• organisational focus and resources diverted away from delivering core business and services to the community.
• increased scrutiny, oversight and regulation.

Where does corruption happen in society?

Corruption can happen anywhere: in business, government, the courts, the media, and in civil society, as well as across all sectors from health and education to infrastructure and sports. Corruption can involve anyone: politicians, government officials, public servants, business people or members of the public.

Why is corruption in politics a challenging subject to study?

Corruption in politics remains a challenging subject not only in America but also in other advanced economies because corruption limits investment, hence affecting the country’s economic growth. Free essay sample on the given topic “History Of Newspaper”. Written by academic experts with 10 years of experience.

Is corruption in American politics finally ending?

One of the recent scandal involving Rod Blagojevich and Tony Rezko reveals that corruption is not ending soon in American politics. Elected officials are supposed to represent the public, but with corrupt officials, the public have lost trust in the government.

Is there an ethical problem with corruption?

Still there is also an ethical problem. Corruption is not only an economical phenomenon in any society or economy. It is not sufficient to call it an economical phenomenon; this ignores the more general importance of a corruption-free society for all aspects of life and for all population groups, poor and rich alike.