Monday, April 22, 2019

Moral Hazard of State-Run Banks and Why Taxpayers are Forced to Cover for Blunders of Businessmen

Moral hazard is the risk that a party has not entered into a contract in good faith. In Indian context, it ends up involving the government since banks like the SBI are state-run.

from Top Business News- News18.com http://bit.ly/2VeYFKy

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Wikipedia article of the day for September 2, 2020

The Wikipedia article of the day for September 2, 2020 is Third Silesian War . The Third Silesian War was a conflict between Prussia and a...