MC4 What is the impact of corruption on the Indian economy?
A. Reduced foreign investment
B. Reduced economic growth
C. Wastage of resources
D. All of the above
Answer:D
MC4 What is the impact of corruption on the Indian economy?
A. Reduced foreign investment B. Reduced economic growth C. Wastage of resources D. All of the above
Explanation: Corruption has a significant impact on the Indian economy, leading to reduced foreign investment, reduced economic growth, and wastage of resources. When corruption is widespread, it can make it difficult for businesses to operate, which can reduce foreign investment. Additionally, corruption can divert resources away from productive uses and into the hands of corrupt officials, which can lead to a reduction in economic growth.