Showing posts with label beggar thy neighbour policy. Show all posts
Showing posts with label beggar thy neighbour policy. Show all posts

Friday, July 23, 2010

CAT -15 for Bank PO exams and Other public service exams

1. Recently World bank has blacklisted a Indian company indulging in fraud and corrupt practices in dealings with it, for three years. It is -
a) Britannia
b) Onida
c) Toshiba
d) Videocon

BEGGAR THY NEIGHBOUR POLICY

What is beggar thy neighbour policy? 
The beggar thy neighbour policy refers to a policy that aims at addressing one’s own domestic problems at the expense of others — trading partners in particular.