Current Affairs

International Anti-Corruption Day observed on December 9

International Anti-Corruption Day (IACD) is observed every year across the world on December 9 to raise public awareness of corruption and what people can do to fight it.
International Anti-Corruption Day observed on December 9
  • Observance of this day aims to promote and strengthen measures to prevent and combat corruption more efficiently and effectively.
  • It also highlights the role of United Nations Convention against Corruption in combating and preventing it.

What is Corruption?

  • Corruption is a serious societal crime that undermines social and economic development in all societies.
  • No country, region or community is immune from corruption.
  • According to United Nations Development Programme (UNDP), every year $1 trillion is paid in bribes while an estimated $2.6 trillion are stolen annually through corruption - a sum equivalent to more than 5% of global GDP.
  • In developing countries, funds lost to corruption are estimated at 10 times amount of official development assistance.

Interesting to know:

  • International Anti-Corruption Day was instituted by UN General Assembly (UNGA) by passing resolution 58/4 on October 31, 2003.
  • It was adopted to raise people's awareness of corruption and the role of United Nations Convention against Corruption (UNCAC) in combating and preventing it.
  • The UNCAC is the first legally binding, international anti-corruption instrument that provides a chance to mount a global response to corruption.

Question:

Q. When is the International Anti-Corruption Day (IACD) observed every year across the world to raise public awareness of corruption and what people can do to fight it?
a. December 8
b. December 9
c. December 10
d. December 11
International Anti-Corruption Day observed on December 9 International Anti-Corruption Day observed on December 9 Reviewed by Inderjeet Virdi on December 11, 2018 Rating: 5

No comments:

Join 8,000+ readers and get free notes in your email