All Mcq Questions 146n2a
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Question
Choice A
1 Which is not the reason for corporate misgovernance in India
Open Economy
2 Bribery to concerned official, using import licences to make quick profit, illegaly holding money abroad to meet business expenses are types of
Corporate Misgovernance
3 Which of the statement is true: a) Directors Only B elect shareholders who elect them b) directors vote on key matters and adopt the majority decision c) Company adopts scientific methods to generate ing info required by stakeholders d) the company policies and practices adher to applicable national, state and local laws
4 Which of the following is not the issue of CG
Ditinguising The Role Of Board And Management
5 Which of the following statement is true about CG
The Interest Of Society Is Ignored
6 The OECD states that CG problem arise s because of
Ownership & Control Is Separated
7 ________ resulted from ENRON scandal
SOX Act
8 The _______ calls for protection to those who brings fraud to attention of those handling frauds
Cadbury Committee
9 In privately owned organizations only employees at _________ are seen indulging in corporate misgovernance
Low Level
10 Need for CG in India was realized with __________
Plantation Companies Scam
11 Extraordinary high income tax levels of 1960’s led many companies to devise tax eviction tactics in form of compensation packages for 12 By ________ each & every listed company ed the SEBI code
Senior Employees
2002
13 __________ defines CG as system by which Oecd business corporations are directed & controlled
14 CG maybe defined broadly as its relationship Shareholders to
15 Executive pay in UK was reviewed by
Cadbury Committee
16 Stakeholders are the individuals or groups who:
Depend On The Organisation To Fulfil Their Own Goals And On Whom The Organisation Depend. The Federation Of International Chambers Of Commerce And Industry
17 FICCI stands for
18 Which of the following is not a parameter as Rights Of elucidated by OECD Shareholders
19 “the board of directors of a company shall have an optimum combination of executive and non-executive directors with not less than 50% of BOD to be non-executive directors” 20 Which of the following is not one the underlying principles of the corporate governance Combined Code of Practice?
TRUE
ability
21 When was infosys founded
22 Headquater of Infosys is in
23 Infosys was started with an initial capital of
24 Infosys business activities are anchored in three pillar
1981
Chennai
100000
Business Ethics, Corp Governance And CSR
25 Infosys was first Indian Company to be listed Bse in
26 MAKE award is
Most irable Knowledgable Enterpreneur
27 CEO and MD of Infosys is
N.R. Narayan Murthy
28 PRIDE is termed as
Process Repository @ Infosys For Driving Excellence
29 Whistel blower policy encourages
Employeess To Report Questionable ing Matters
30 Infosys was the first Indian company to voluntarily adopt
Cadbury Committee Recommendation
31 Phaneesh Murthy Case was about
Sexual Harassment
32 For CSR Infosys established a trust namely
Infosys Foundation
33 Which Committee focuses on Executive and Cadbury Committee Non Executive Directors
34 CEO is Responsible for
Corporate Strategy
35 COO is responsible for
Day To Day Operational Issues
36 Founder of Infosys is
Nandan Nilekani
37 Fundamental objective of Corporate Govenance is …?
The Enhancement Of Long Term Share Holder Value And Protecting The Interest Of Other Stake Holders Effective And Effficient Risk Management
38 ________Is one aspect of corporate goverance that helps a company achieve its goal of maximizing share hoders value
39 Infosys has three commitees
Audit Committee,Nominati on Committee And Compensation Committee
40 Effective and Efficient risk management helps comnpany to achieve its
Corporate Social Responsibility
41 Main purpose of CG is:
To Separate Ownership And Mgt Control Of Organizations
42 Effective corporate governance does all of the following except:
Ensure Corporate ability.
43 The ultimate responsibility for maintaining Board Of Directors an appropriate balance between management and the owners rests with:
44 Which of the following is not a right of shareholders?
He Has A Right To Demand A Poll
45 Divergence in objectives between ownership Relational Costs and management leads to
46 Which of the following is not a responsibility Shareholders Must of shareholder? Maintain Alertness And Decorum During The General Body Meeting
47 The basic right of shareholder is :
Right To Transfer And Obtain Registration Of Shares
48 What is needed to create a corporate culture of consciousness, transparency and openness??
Corporate Management
49 Who is the custodin of investor's interest?
Rbi
50 Number of mandatory recommendations of kumr birla committee,1999
25
51 CII's first audit committee
Cadbury Committee
52 While appointing new director, shreholder must provide the following information
A Brief Resume
53 Which of the following is a mandtory recommendation of KMB Committee, 1999
Displaying Of Quaterly Results On Website
54 Which of the following is not a mandtory recommendation of KMB Committee, 1999
AGM Should Not Held At Inconvenient Venue Or Timing
55 Conflicts of interest between shareholders and managers of a firm result in
Principal-Agent Problem
56 Agency costs are incurred by a corporation because
Managers May Not Attempt To Maximize The Value Of The Firm To Shareholders
57 Shareholders have the right to have certificate of shares within __________ of allotment
2 Months
58 Shareholders can apply for the rectification of the of member to:
Company Law Board
59 Shareholder is entitled to:
Can't Particiapte In Decision Of Dividend Declaration
60 Shareholder as right to inspect:
The s Of Investment Held By The Third Party On Company's Name.
61 Strong investor protection is associated with Effective Corporate Governance
62 The core substance of corporate governance Deg lies in
63 The relationship between investor protection Principal And Agent and corporate goverance is
64
Use profits of the firm to Insiders benefit themselves , instead of returning the money to outside investor to whom it rightly belongs.
65 The objective of corporate governance Shareholders reforms in most countries is to protect rights of outside investors, including
66 Investor protection is an important constituent of
Corporate Governance
67
Provides an impetus for Banks the growth of capital markets
68 Investor protection is essential for the orderly TRUE development and proper fuctioning of capital markets 69 After which scams did SEBI took investor Ketan Parik Scam protection seriously
70 Due to lack of proper the capital market in the country has experience stream of market irregularities and scandals in 1990
71 Investor protection is inalienable part of corporate governance 72 N.K mitra committee was formed for
73 Regulator ofn.K. Mitra Committee
Investor Protection
TRUE Right Of Shareholders
Sebi
74 Among the following in which category the investor complain cannot be divided
Complaints Againt Member Brokers Of Stock Exchange
75 Investor protection is a multidimensional function requiring checks at various level which are
Company Level
76 Harshad mehta Scam of market manipulation 1995 took place in which year
77 Who listed different failures of sebi in his column "Eye on the Market" in the Hindu Businessline
S.Vaidyanathan
78 In which Scam India's fourth Largest software exporter and first indian internet company to be listed on NASDAQ was involved
Wipro
79 What is the Suggestion given to Sebi for Better perfomance
Development Of Financial Markets
80 In Harshad Mehta Scam amount involved in 54 Billion the crises was around
81 What does the ing standards 18 of ICAI states that
Full Disclosoure Of All Details Of The Transaction Along With The Amount Invovlemnt
82 Who headed a corporate governance committee that was formed at RIL after Anil's acquitions
D.V. Kapoor
83 Which member of parliament accused the reliance group for "buying peace " with the income tax department
Promod Mahajan
84 Who prescribes that the board of every listed Sebi company should setup an audit committee
85 Which section of the companies act prescribes that the every company maintains a of contract in which its Directors are interested
301
86 When did reliance industries went public and raised equity capital
1975
87 Who headed the Oil and Gas business of RIL Mukesh Ambani after the split
88 Who headed the telecomm arm of the RIL after the split
Mukesh Ambani
89 Which compnay under reliance group was accused of voilating provsions of the law against pre - natal sex determination
Reliance Capital
90 Who played a key role in making a amicable M V Kamath settlement between the ambani brothers
91 1990 of which company's managerial control Itc did the Ambani's want to acquire
92 Which section specifies that the board approval is required for contracts in which dierectors are intereted parties
301
93 Who did Anil accused of conspiring to divide family
D.V. Kapoor
94 Which company won the national award for Infosys Execellence in corporate governance for the year 2003
95 Who among the following independent director(s) was/were accused of having preculinary relationship with the company and its associate company
D.V. Kapoor
96 Who was the Vice Chairman of Ril before the split
Anil Ambani
97 Which act of the parliament was voilated by Official Secrets Act two senior executives of reliance when a cabinet note was found in their office
98 When did SEBI directed the stock exchnages to look into corporate governance issues at RIL
99 What was the main reason of tussel over corporate governance
2004
Absence Of Will
100 Who was the chairman of Boston Consulting Arun Maira Group(India)
101 Which act says that directors are personally liable to the company in matter of illegal facts
Breach Of Trust
102 For getting relief under section 633what must be proved by the officer concerned
Acted Reasonably
103 Which section of companies act does not Section 292 validate the acts which could not have been done even by a properly appointed director or the acts of a director who knows of the irregularities of his appointment
104 De facto' means
Director Duly Appointed And Acts As A Director
105 A person having control over the direction, conduct, management or superinterdence of the affairs of the company.
Shareholders
106 As per Sec2 (6) of the Companies Act, the director has certain duties to discharge. Which of the following is not true at the duties of the director?
Fiduiciary Duties
107 No corporate, association or firm can be An Individual appointed as a director of a company. To be appointed as a director of a company, public authorities prescibe some qualifications.
108 Who among the following cannot remove the Executive Directors directors from the office? Of The Company
109 To ensure better governance practices a Small Size strategic board should be all of these Except
110 A person having great responsibility in the matter of employment and dismissal of the CEO.
Shareholders
111 For better governance, the board should ensure
Total Commitment To The Company
112 Which act provides a negative definition of an independent director
Government Act
113 Which of the following is/are example of creditworthy corporate practices?
Professionalism Exhibited By Tata Boards
114 What should be the highest priority of the boards?
Better Corporate Performance Through Legitimate & Transparent Policies
115 What percentage of independent external directors should be on board who can advise,onish & control operation management?
Upto 40%
116 Which of the following factors are responsible for a betterment in the family owned concerns.
Market Forces & Competition Force Professionalisation
117 Prohibition of Tax-free Payments comes under which section
Sec200 Of Companies Act
118 The total managerial remuneration payable by a public limited company to its director and its managers shall not exceed by how much percentage of profit?
15%
119 What are the key corporate governance issues in the matter of directors remuneration?
Transparency
120 What are the responsibilities that are normally assigned to a remuneration committee?
Company Superannuation And Pension Arrangement.
121 Which of the following is not a prohibited service for an auditor under Setion 226A of the Companies (Amendment) Bill, 2003?
Management Funtions
122 When did Companies (Amendment) Bill, 2003 and Companies (Auditors Report) Order (CARO), 2003 came into effort? 123 Which of the following is not a responsibility of an auditorunder the Companies (Auditors Report) Order (CARO), 2003?
17th May And 11th July, Respectively
124 This was the era when the concept of Zero Base Budgeting, Capacity Utilisation and Product Profitability gained importance with the onset of global competition. 125 Under the Section 226 of the Companies (Amendment) Bill, 2003, who can be appointed as an auditor for a company?
THE FIRST STAGE: The Decade Of 1950s And 1960s
126 Auditors do not help in promoting
Corporate Fairness
127 Identify Which is not a type of audits
To Ensure Whether A Term Loan Has Been Used For The Purpose It Was Taken.
Any Person Who Has A Direct Financial Interest In The Company.
Financial Statement Audit 128 _______ Auditors areusually reffered to as Government certified public s firms Auditors 129 _______ Is a representative of shareholders, Broker forming a link b/w govt. Agencies,stockholders, investors and creditors
130 _______Works in various local state or central govt. Agencies performing financial, compliance and operational audits 131 The obejective of the quality control policies to be adopted by an audit firm will not encorporate 132 Which one is not a provision in SOX Act regarding Auditors
Auditing Firms
Consultation
Audit Patner Rotation
133 ________Comprises of independent Audinting Firms directors and is responsible for appointment, fixing of fees and oversight of the work 134 Which one id not a malpractice in a company Window Dressing 135 Mark the statement which is incorrect
Auditor Has To Ensure That His Work Involves Exercise Of Judgement
136 The no of years the same auditors cannot be appointed as per Naresh Chandra and the R.D.Joshi committees 137 If an auditor is found guilty of unethical practices then imprisonment is for 138 Which of the following is not a duty of an auditor
More Than 5 Years
139 MAOCARO stands for
Manufacturing And Other Companies Auditors Report Order
2years Full Disclosur Of All Details Of Transactions
140 Companies Amendment bill was introduced 2011 in 141 A corporation is an artificial being, invisible, John Marshall intangible, & existing only in the contemplation of the law. Who said this-?
142 In Agency Theory, which condition holds true-?
Managers Are The Principals & Shareholders Are The Agents
143 may come & may go, but Common Seal the company goes on forever. Which characteristic of company states this-? 144 What is the full form of RSA? Royal Society Of Arts 145 Stewardship theory defines? Manager Act As An Agent
146 On the basis of situational mechanism what the agency theory says?
147 On the basis of psychological mechanism what is true about Stewardship theory?
148 What are the obligations of the management towards the customer for good corporate governance? 149 What are the obligations of the management towards the investors for good corporate governance? 150 In which Stock exchange Tata steel is listed and traded 151 What is the aim of the Global Business Coalition on HIV AIDS by TATA as Social Investment
152 Why the Tata steel adopted Tata code of conduct and audit committee system of evaluation
Cultural Difference Revolve Around Individualism And Large Power Distance Social Comparison Is Between Compatriots Behavior Towards Government Agencies Social Concern
BSE,NSE Check The Growth Of The Disease Of With The Help Of Over A Hundred Major International Companies For Protect The Interest Of Shareholders Only
153 What is a ERA procedure by which Tata's Evaluation, community projects are evaluated stand for? Responsibility And ability 154 Under which theory, Board composition, Stake Holders financial treporting, disclosure and auditing Theory are necessary mechanisms to promote equity and fairness in the society is discussed? 155 Which Theory considers the firm as an inputoutput model by explicitly adding all interest groups? 156 What are the obligations of the management towards the Society for good corporate governance? 157 According to which the following statement is true "rights of all shareholders irrespective of there are local or foreign,large or small, majority or minority are equally protected.
Sociological Theory
158 Encouraging whistle blowing is the obligation of the management towards the 159 What is consensus oriented?
Customer
160 What is corporate citizenship?
161
162 163
Humane Treatment
Participative And Collaborative Environment
Understanding Of Financial, Legal And Environmental Issues Not Only Work Ethically And Comply With All The Rule Sand Regulation But Also Work For Improvement Of The People In The Community Cadbury Committee
“The objective to rasie the standards of Corporate Governance and the level of confidence in financil reporting and auding” was the objective of Corporate Governance gained importance BCCI Scandal after which scandal? In England the seeds of modern corporate BCCI Scandal governance was sworn by which government?
164
When was Cadbury Committe incorporated? 1995
165
When was Greenbury Committe 2000 incorporated? When was Hampel Committe incorporated? 1997
166 167
168 169 170 171
172
173 174 175 176
177
178
179
180
The Paul Ruthman Commitee was consituted to deal with the contovertial point of which report? Under Greenbury Committee, CBI stands for? When was Turnbull Committe incorporated?
Cadbury Report
Turnbull Committee was set up by: which is one of the earliest international organisation to study the issue of corporate governance ? Mckinsey, the international management consultant organisation, conducted ther survey with how many sample size of the company? The SOX Act is a sencere attempt to address the issues associated with: SEBI appointed a comittee on corporate governance on whicch date?> SEBI appointed a comittee on corporate governance with how many The SOX Act provides for mandatory rotation of the lead auditor, coordinating Partner and the partner reviewing audit once every: Which Committee was appointed as a high level committe to examine various corporate governance issues by the department of company affairs? The Government Of India consittuted an expert committe on company law on 2nd Dec. 2004 under the chairmanship of? The mandatory recommendation of KumarMangalam Birla Committee is applicable to all listed companies with paid up capital of: OPC means:
ICAEW RBI
Central Board of India 1880
188
Government Failute 7th May, 1999 18 7
Naresh Chandra Committe
Naresh Chandra
3 crore and above
Oriented Person Company
181 182
183 184 185 186 187 188 189 190
191
When did president John F Kennedy declared the 4 rights of consumers? When did the UN secretary general submitted the draft guidelines for consumer protection? Which one of the following is not an financial institutional investor? Which of the following is a right of COPRA? Who owns the Birla committee?
15 March , 1962 1993
IFCI Right to safety Kumar Mangalam
Which of the following is not a kind of debt Diffused Debt provided to corporates? Which of the following is a step of CSR? Identify Key stakeholders Which of the following is not a factor Share price influencing Investment decisions? Interest of employees cannot be protected Trade union through which of the following? Which of the guidelines are used for deciding Regularity employee representation and organisation? Which one of the following is not an important element of credit monitoring and control in market economies? Who are stakeholders in an organization?
Market Oriented
193
Which are the following are four type of institutional investors in India?
Bonds, Development oriented institutions, insurance companies, Mutual Funds
194
The consumer protection act was 1976 incorporated in the year? A corporate exists not only for the benefit of "TRUE" the shareholders but also to serve the interest of the shareholder? A consumer disputes redressal forum is also District forum known as
192
195
196
Determine operational issues
197 198 199 200
Which of the following is not a factor influencing Investment decisions? An organisation needs the following to create wealth Interest of employees can be protected through Consumer protection act was amended in-
Corporate image Capital Trade union 1986
Choice B
Choice C
Choice D
Sheltered Market
Limited Access Inefficient To Global Market Framework
optionA
Illegal Tacits Of Indian Corporates
Series Of Scams
optionB
None Of The Above
Correct Answer
A And C
B And D
All Of Them
Composition Of Board And Related Issues
Combining The Director's And Role Of Ceo And Executive Chairman Remuneration
Shareholder's Interest Combining The None Of The Are Considered Role Of Ceo And Above More Over Rest Of Chairman The Stakeholders
optionC
optionC
optionD
Organization’s Main Managers Act In Power Distribution optionA Objective Is Profit Self Interest Among Maximization Stakeholders Greenbury Committee
Cadbury Committee
Hampel Committee
optionA
Greenbury Committee
SOX Act
Hampel Committee
optionC
Mid Level
Top Level
All Levels
optionC
IT Scam
Harshad Mehta Scam
Mutual Fund Scam optionC
Low Level Employees
Middle Level Employees
Both (A) & (C)
2003
2004
optionD
2000 optionB
Sox Act
Cadbury Committee
Greenbury Committee
optionA
Society
Management
All Of The Above optionB
Greenbury Committee
SOX Act
Hampel Committee
optionB
Are Shareholders In Dominate The Key Competitors. Strategy Development Process In An Organisation.
Determine optionA Operational Issues.
The Federation Of Indian Chambers Of Commerce And Industry
The Finance Of International Chambers Of Commerce And Industry
The Finance Of Indian Chambers Of Commerce And Industry
optionB
Disclosure And Transparency
Responsibities Of Full Disclosure Of optionD The Board Of All Details Of Directors Transactions
FALSE
Integrity
Cant Say
None Of The Above
optionA
Openness
Acceptability
optionD
1983
Banglore
1980
Hyderabad
10000000
1982 optionA
Mumbai
10000
GDM,C-Life CG, CSR And Prnciple And PRIDE PRIDE
optionB
1000000 optionC
GDM,PRIDE And optionA CG
Nse
Nasdaq
Dow Jone
optionC
Most ired Knowledge Enterprises
Most ire Knowledgable Enterprise
Most Acknowledged Knowledge Enterprise
optionB
Nandan Nilekani
Phaneesh Murthy A T Kearney
optionB
Proactive Reposition Processing @ Infosys For Repository @ Driving Excellence Infosys For Driving Excellence
Process Repository optionA @ Infosys Driving Excellency
Employees In Giving Employees To A World Class Take Decisions Enviornment
Employees For Open Communication
optionA
Corporate Governance
Us Gaap
Cost Cutting Techniques
optionC
Glass Celing
Bad Corporate Goveranance Of Infosys
Gender In Equality optionA At Infosys
Narayan Murthy Trust
Infosys Charitable Infosys India Trust optionA Trust
Kumar Mangalam Birla Committee
Sarbanes Oxley Act
Brand Equity
Planning And All The Above External s
optionD
Planning And External s
Brand Equity
None Of The Above
optionA
Narayan Murthy
Phaneesh Murthy A T Kearney
optionB
Protecting The Interest Of Employees
Protecting The Protecting The Interest Of Board Interest Of Of Director Outsiders
optionA
Effective And Efficent Utilization Of Firms Overall Resources
Effective And Efficient Utilization Of Man Power
optionA
Hampel Committee
None Of These
optionB
Audit Committee,Risk Management And Compensation Committee
Disaster Management Committee,Nomi nation Committee And Compensation Committee
Audit optionA Committee,Nomin ation Committee And Greviance Settelment Committee
Goals And Better Corporate It Employee Maximization Of Goverance In An Commitment To Shareholder Wealths Organization Work
optionB
To Maximize Shareholders Value
To Ensure That Regulatory Frameworks Are Adhered To
optionB
Enhance The Reliability And Quality Of Public Financial Information
optionC
Enhance The Integrity And Efficiency Of The Capital Market
To Make Organizations More Visibly able To A Wider Range Of Stakeholders Eliminate The Prospect Of Fraud Within An Organization
Managers
Shareholders
Regulating Entities optionA
He Has A Right To Participate In Declaration Of Dividends And Receive His/Her Dividends Duly
He Is Entitled To Inspect And Obtain Copies Of Minutes Of Proceedings Of General Meetings
He Cannot Make A optionD Petition To The High Court For The Winding Up Of The Company
Agency Costs
Economies Of Scale
Economies Of Scale
optionB
They Must Show A Greater Degree Of Interest And Involvement In The Appointment Of Directors And Auditors
They Should NONE OF THE Demand ABOVE Complete Information About Directors After Approving Their Directorship
optionC
Obtaining Relevant Information On The Company On A Timely And Regular Basis
Participating And ALL OF THE Voting In ABOVE Shareholder Meetings
optionD
Corporate Guidance Corporate Governance
Corporate Control optionC
Sebi
None Of The Above
Nsdl
optionB
21
19
17 optionC
Turnbull Committee Hampel Committee
Kumar Mangalam optionD Birla Committee
Expertise In Specific Names Of The Functional Areas Companies In Which The Person Also Holds Directorship
All Of The Above optionD
Agm Should Not None Of The Held At Above Inconvenient Venue Or Timing
All Of The Above optionB
Displaying Of Non Executive ALL OF THE Quaterly Results On Directors Should ABOVE Website Look Into Redressing Of Shareholders Complaints
optionB
Increased Agency Costs
Both A And B
None Of The Above
optionC
Shareholders Incur Monitoring Cost
Separation Of Ownership And Management
All Of The Above optionD
3 Months
1.5 Months
2.5 Months
optionB
Board Of Director
Management
ALL OF THE ABOVE
optionA
To Receive A Statutory Report Made By Auditor.
Obtain Copies Of All Of The Above optionB Minute Of Proceeding Of Gm Bt Can't Inspect Them
The s Of Investment Held By The Company In Its Own Name
The s Of Investment Not Held By The Company In Its Own Name
The s Of Investment Held By The Company In Its Own Name As Well As By The Third Party.
optionC
Companies Performance
Both
None Of The Above
optionC
Putting In Place Mechanisms
Only A
Both A And B
optionD
Trustor And Trustee Both A Or B
None Of The Above
optionA
Outsiders
Both A Or B
None Of The Above
optionA
Creditors
Both A Or B
None Of The Above
optionC
Insider Trading
Both A Or B
None Of The Above
optionA
Investor Protection
Both A Or B
None Of The Above
optionB
Cant Say
Don’t Know
optionA
Uti Crises
Both A Or B
None Of The Above
optionC
Corporate Governance
Both A Or B
None Of The Above
optionA
Cant Say
Don’t Know
optionA
Investor Protection
Working Of Companies
Check On Board Of Directors
optionB
Companies Act
Central Govt
Moa Of Company optionA
FALSE
FALSE
Complaints Against Companies Listed For Trading On Stock Exchange
Complaints Financial Intermediaries, Sub Broker Agents, Merchant Bankers, Issue Managers Etc.
Complaints Agaist optionD The Non Listed Companies And Its
Stock Exchanges
Regulatory Agencies
All The Above
optionD
1993
1992
2001
optionC
Ramalinga Raju
Sucheta Dalal
R. Srinivasan
optionA
Satyam Computers
TCS
Infosys
optionB
Grievance Redressal Law Enforcement Tone Up Quality Mechanisms Of Disclosures
optionD
5000 Million
25000 Million
optionA
None Of The Above
optionC
170 Million
Any Other Elements Both A And B Of The Related Party Transaction Necessary For An Understanding Of The Financing Transactions
Mukesh Ambani
Y.P. Trivedi
Anand Jain
optionC
Raashid Alvi
Digvijay Singh
None Of The Above
optionB
Roc
Department Of Both A And C Corporate Affairs
optionA
297
278
299 optionA
1977
1980
1981 optionB
Anil Ambani
Both A And B
None Of The Above
optionA
Anil Ambani
Both A And B
None Of The Above
optionB
Reliance Oil And Gas
Reliance Infocomm
Reliance Textiles
optionC
D V Kapoor
Anand Jain
Y P Trivedi
optionA
Coal India
L&T
Tata Telecom
optionC
297 292 A
300 optionC
Raashid Alvi
Y.P. Trivedi
Anand Jain
optionD
Reliance
ITC
TCS
optionB
S Venkitaramana
Y.P. Trivedi
All Of The Above optionD
Mukesh Ambani
Anand Jain
None Of The Above
optionA
Cabinet Act
Cabinet Secrecy Act
2001
Companies Act
2003
optionA
2002 optionA
Insider Trading
Conflict Of Shareholders Interest
None Of The Above
optionA
M V Kamath
J L Kellog
Raashid Alvi
optionA
Negligence
Ultra Vires Act
Misfeasance
Acted Honestly
Having Regar To All Of The Above optionD All Circumstances Of The Case, He Ought Fairly To Be Excused
Section 290
Section 203
Director Not Duly Appointed And Don’t Act As A Director
Director Not Duly Director Appointed optionC Appointed But As Per Law Acts As A Director
Section 202
optionC
optionB
Executive Committee
None Of The Above
optionC
Duties Of Care, Skill Duties Not To And Diligence Interfare In The Board Meetings, Because It Is The Responsibility Of Executive Directors Only
Duties Not To optionC Delegate Their Functions Except To The Extent Authorized By The Act Or The Constitution Of A Company And To Disclose His Interest
Competent To Enter Hold A Into A Contract Qualification If So Required By The Articles Of Association
All Of The Above optionD
Federal Govt.
Shareholders
The Company Law optionA Board
Independent
Smaller Vision
Well-Informed
optionC
Directors
Executive Committee
None Of The Above
optionB
Steer Discussion Properly
Efficient CEO
All Of The Above optionD
Companies Act
Contract Act
Special Provision Act
optionB
Infosys Technologies Polaris Board's Proactive Board Advice To Management
All Of The Above optionD
Ensure Long Term Commitment To Maximisation Of Corporate Social Shareholder Value & Responsibilty Wealth
Have Vision,Values & Responsibilties Well Defined
optionB
Upto 50%
Upto 60%
Upto 70%
optionB
Emergence Of Board Transparency In All Of The Above optionD Committees Reporting & Full Financial Disclosures
Sec 297 Of Companies Act
Sec 372a Of Companies Act
Sec 162 Of Companies Act
optionA
11%
10%
9% optionB
Pension For, Non Severance For Executive Directors Payment
All Of The Above optionD
Remuneration Packages For Shadow Directors
Review The optionA Balance And Composition Of The Board And Its Committees, Ensuring That They Remain Appropriate
The Committee Shall Make A Statement In The Company's Annual Report About Its Activities
Actuarial Services
Enquiring Whether Loans And Advances Made By The Company Have Been Shown As Deposits
7th May And 11th July, Respectively
17th May And 1st 7th May And 1st optionD July, Respectively July, Respectively
To Report Any Fraud On Or By The Company During The Uear Under Audit.
Internal Audit
optionC
To Report Defaults In Repayment Of Dues To Banks, Fis Or Debenture Holders THE SECOND THE THIRD STAGE: The Period STAGE: The Between 1970 And Years Between 1985 1985and 1990 Any Person Who Any Personwho Has Been In The Receives Any Employment Of The Loan Or Company Gaurantee From The Ompany Customer Transparency Relationships Management Audit Operational Audit
ing And Book Keeping
optionD
THE FOURTH STAGE: The Era Since 1991
optionC
Any Independent Certified Public ant
optionD
ability
optionB
Internal Auditors
External Auditors optionC
Director
Independent Auditors Auditing Firms
Compliance Audit optionB
Auditor
optionD
Government Auditors
Senior Management
Non-Executive Director
optionB
Monitoring
Directing
Skill And Competency
optionC
Prohibition Of Non- No Responsibility Conflict Of Interest optionC Audit Services For Financial Reports Audit Committee
Sox Act
Audit Report
Hedge
6 Months
7 Years
None
optionB
Manipulation Of optionB P&L Acc. Auditor Is Not Auditors Check Auditor Is Not optionD Expected To Perform About Relevent Responsible For Duties Which Fall Information Is Forming And Outside The Scope Properly Expressing His Of His Competence Disclosed In The Opinion Financial Statements More Than 2 Years More Than 10 More Than 1 Years optionA Years 10 Years
optionC
Reviewing Of Report To Board Financial Statements Of Directors On Behalf Of Management Manufacturing And Manufacturing Other Countries And Other Auditors Report Companies Order Auditors Report Office 2001 2003
Evaluating And optionC Understanding Internal Control System Manufacturing optionA And Other Companies Auditors Research Order 2002 optionC
Adam Smith
Narayan Murthy
Justice Lindlay
optionA
Shareholders Are The Principals & Managers Are The Agents (Correct Answer) Artificial Legal Existence
Shareholders Managers Work Work As Agents As Agents & & Principals Principals Both Both.
optionC
Common Seal
Perpetual Succession
optionD
Road Safety Authority Owner’s Attitude Is To Take Risk
Republic Of South Africa Manager Motivated By Their Own Objectives Time Frame Is Long
Russian Federal optionA Space Agency Principal- Manager optionB Relationship Is Based On Control
Social Comparison Between Principals Product At Affordable Price
Power Rests With optionC The Institute
Cultural Difference Revolve Around Collectivism And Small Power Distance Motivation Revolves Around Lower Order Need And Extrinsic Need Managing The Whole Time Directors Humane Treatment
NSE
Risk Orientation Is optionA Done Through Trust
Encouraging Whistle Blowing
optionC
Encouraging Gift And Donation optionC Whistle Blowing BSE
To Develop Centers Gbc Encourages For Research To Companies To Cure Hiv Bacteria Campaign With Imagation And Consistency In Order To Improve For Increase In The Internal Profit Management System
Delhi Stock Exchange Both A And C
optionA
Both A And C
optionB
optionD
Expected Revenue ing
Evalution, Reasonability And ability Sociological Theory Agency Theory
None Of These
optionA
Stewardship Theory
optionB
Agency Theory
Stake Holders Theory
Stewardship Theory
optionC
Fair Employment Practices Trusteeship
Participative And National Interest optionD Collaborative Environment ability Humane Treatment optionB
Employee
Society
Understanding Of Historical, Cultural And Social Context Of The Society Work For Shareholders Benefit Only
Understanding Of Understanding Of optionB Customers Investors Behavior Behavior
Investors
Comply With All Operate In An The Rules And Environment Regulation Friendly Manner
optionB
optionA
Greenbury Committe Paul Ruthman Commitee
None of the above optionA
Watergate Scandal
Both
None of the above optionB
Watergate Scandal
Both
None of the above optionA
1885
2000
1992
optionD
1995
1875
None of the above optionB
1990
1875
1995
optionD
Combined Code Report
Hampel Report
All of the above
optionA
Confedeartion of British Industry 1999
Combined Board None of the above optionB of India 1875 1886 optionB
ICW World bank
ICAU Central bank
ICR Federal bank
optionA optionB
200
201
300
optionA
Corporate Failure
Client Failure
All of the above
optionB
7th March 2000
7th March 2001
7th May 2000
optionA
8
9
10
optionA
8
5
6
optionC
Kumar Mangalam Committee
Narayan Murthi Committee
Greenbury Committe
optionA
Dr. J.J. Irani
Narayan Murthi
None of the above optionB
1 crore
50 lakhs
25 lakhs
Only Person Company
One Person Company
None of the above optionC
optionA
15 March, 1963
14 May, 1991
16 July, 1973
optionA
1983
1972
1969
optionB
IDBI
HDFC
ICICI
optionC
Right to choose
Right to be heard All of the above
Parito Ghosh
AN Subramaniam None of the above optionA
Concentrated Debt
Unsecured Debt
Internal monitoring
Both of the above None of the above optionC
Corporate image
Investor communication Profit sharing
Creditor monitoring Equity sharing
optionD
Predetermined formula
Clear distinction
All of the above
optionD
Competition in the market
Market oriented credit incentives
Legal framework for collection
optionB
Regularity
Are shareholders of the organization
optionD
None of the above optionC
optionB
Depend on the organization for their own goals and vice-versa Mutual funds, Development insurance companies, oriented banks, bonds institutions, insurance companies, Mutual Funds, banks 1979 1988
Dominate stratergy optionC making process
1986
optionD
"FALSE"
N.A
N.A
optionA
State commission
National commisssion
All of the above
optionA
insurance optionC companies, banks, bonds Development oriented institutions,
Share price Labour
financial results and solvency Human capital
Site and location
optionD
All of the above
optionD
Co- Determination
Both of the above None of the above optionC
1967
1965
1959
optionA
qid
Question
Choice A
1 Which is not the reason for corporate misgovernance in India
Open Economy
2 Bribery to concerned official, using import licences to make quick profit, illegaly holding money abroad to meet business expenses are types of
Corporate Misgovernance
3 Which of the statement is true: a) Directors Only B elect shareholders who elect them b) directors vote on key matters and adopt the majority decision c) Company adopts scientific methods to generate ing info required by stakeholders d) the company policies and practices adher to applicable national, state and local laws
4 Which of the following is not the issue of CG
Ditinguising The Role Of Board And Management
5 Which of the following statement is true about CG
The Interest Of Society Is Ignored
6 The OECD states that CG problem arise s because of
Ownership & Control Is Separated
7 ________ resulted from ENRON scandal
SOX Act
8 The _______ calls for protection to those who brings fraud to attention of those handling frauds
Cadbury Committee
9 In privately owned organizations only employees at _________ are seen indulging in corporate misgovernance
Low Level
10 Need for CG in India was realized with __________
Plantation Companies Scam
11 Extraordinary high income tax levels of 1960’s led many companies to devise tax eviction tactics in form of compensation packages for 12 By ________ each & every listed company ed the SEBI code
Senior Employees
2002
13 __________ defines CG as system by which Oecd business corporations are directed & controlled
14 CG maybe defined broadly as its relationship Shareholders to
15 Executive pay in UK was reviewed by
Cadbury Committee
16 Stakeholders are the individuals or groups who:
Depend On The Organisation To Fulfil Their Own Goals And On Whom The Organisation Depend. The Federation Of International Chambers Of Commerce And Industry
17 FICCI stands for
18 Which of the following is not a parameter as Rights Of elucidated by OECD Shareholders
19 “the board of directors of a company shall have an optimum combination of executive and non-executive directors with not less than 50% of BOD to be non-executive directors” 20 Which of the following is not one the underlying principles of the corporate governance Combined Code of Practice?
TRUE
ability
21 When was infosys founded
22 Headquater of Infosys is in
23 Infosys was started with an initial capital of
24 Infosys business activities are anchored in three pillar
1981
Chennai
100000
Business Ethics, Corp Governance And CSR
25 Infosys was first Indian Company to be listed Bse in
26 MAKE award is
Most irable Knowledgable Enterpreneur
27 CEO and MD of Infosys is
N.R. Narayan Murthy
28 PRIDE is termed as
Process Repository @ Infosys For Driving Excellence
29 Whistel blower policy encourages
Employeess To Report Questionable ing Matters
30 Infosys was the first Indian company to voluntarily adopt
Cadbury Committee Recommendation
31 Phaneesh Murthy Case was about
Sexual Harassment
32 For CSR Infosys established a trust namely
Infosys Foundation
33 Which Committee focuses on Executive and Cadbury Committee Non Executive Directors
34 CEO is Responsible for
Corporate Strategy
35 COO is responsible for
Day To Day Operational Issues
36 Founder of Infosys is
Nandan Nilekani
37 Fundamental objective of Corporate Govenance is …?
The Enhancement Of Long Term Share Holder Value And Protecting The Interest Of Other Stake Holders Effective And Effficient Risk Management
38 ________Is one aspect of corporate goverance that helps a company achieve its goal of maximizing share hoders value
39 Infosys has three commitees
Audit Committee,Nominati on Committee And Compensation Committee
40 Effective and Efficient risk management helps comnpany to achieve its
Corporate Social Responsibility
41 Main purpose of CG is:
To Separate Ownership And Mgt Control Of Organizations
42 Effective corporate governance does all of the following except:
Ensure Corporate ability.
43 The ultimate responsibility for maintaining Board Of Directors an appropriate balance between management and the owners rests with:
44 Which of the following is not a right of shareholders?
He Has A Right To Demand A Poll
45 Divergence in objectives between ownership Relational Costs and management leads to
46 Which of the following is not a responsibility Shareholders Must of shareholder? Maintain Alertness And Decorum During The General Body Meeting
47 The basic right of shareholder is :
Right To Transfer And Obtain Registration Of Shares
48 What is needed to create a corporate culture of consciousness, transparency and openness??
Corporate Management
49 Who is the custodin of investor's interest?
Rbi
50 Number of mandatory recommendations of kumr birla committee,1999
25
51 CII's first audit committee
Cadbury Committee
52 While appointing new director, shreholder must provide the following information
A Brief Resume
53 Which of the following is a mandtory recommendation of KMB Committee, 1999
Displaying Of Quaterly Results On Website
54 Which of the following is not a mandtory recommendation of KMB Committee, 1999
AGM Should Not Held At Inconvenient Venue Or Timing
55 Conflicts of interest between shareholders and managers of a firm result in
Principal-Agent Problem
56 Agency costs are incurred by a corporation because
Managers May Not Attempt To Maximize The Value Of The Firm To Shareholders
57 Shareholders have the right to have certificate of shares within __________ of allotment
2 Months
58 Shareholders can apply for the rectification of the of member to:
Company Law Board
59 Shareholder is entitled to:
Can't Particiapte In Decision Of Dividend Declaration
60 Shareholder as right to inspect:
The s Of Investment Held By The Third Party On Company's Name.
61 Strong investor protection is associated with Effective Corporate Governance
62 The core substance of corporate governance Deg lies in
63 The relationship between investor protection Principal And Agent and corporate goverance is
64
Use profits of the firm to Insiders benefit themselves , instead of returning the money to outside investor to whom it rightly belongs.
65 The objective of corporate governance Shareholders reforms in most countries is to protect rights of outside investors, including
66 Investor protection is an important constituent of
Corporate Governance
67
Provides an impetus for Banks the growth of capital markets
68 Investor protection is essential for the orderly TRUE development and proper fuctioning of capital markets 69 After which scams did SEBI took investor Ketan Parik Scam protection seriously
70 Due to lack of proper the capital market in the country has experience stream of market irregularities and scandals in 1990
71 Investor protection is inalienable part of corporate governance 72 N.K mitra committee was formed for
73 Regulator ofn.K. Mitra Committee
Investor Protection
TRUE Right Of Shareholders
Sebi
74 Among the following in which category the investor complain cannot be divided
Complaints Againt Member Brokers Of Stock Exchange
75 Investor protection is a multidimensional function requiring checks at various level which are
Company Level
76 Harshad mehta Scam of market manipulation 1995 took place in which year
77 Who listed different failures of sebi in his column "Eye on the Market" in the Hindu Businessline
S.Vaidyanathan
78 In which Scam India's fourth Largest software exporter and first indian internet company to be listed on NASDAQ was involved
Wipro
79 What is the Suggestion given to Sebi for Better perfomance
Development Of Financial Markets
80 In Harshad Mehta Scam amount involved in 54 Billion the crises was around
81 What does the ing standards 18 of ICAI states that
Full Disclosoure Of All Details Of The Transaction Along With The Amount Invovlemnt
82 Who headed a corporate governance committee that was formed at RIL after Anil's acquitions
D.V. Kapoor
83 Which member of parliament accused the reliance group for "buying peace " with the income tax department
Promod Mahajan
84 Who prescribes that the board of every listed Sebi company should setup an audit committee
85 Which section of the companies act prescribes that the every company maintains a of contract in which its Directors are interested
301
86 When did reliance industries went public and raised equity capital
1975
87 Who headed the Oil and Gas business of RIL Mukesh Ambani after the split
88 Who headed the telecomm arm of the RIL after the split
Mukesh Ambani
89 Which compnay under reliance group was accused of voilating provsions of the law against pre - natal sex determination
Reliance Capital
90 Who played a key role in making a amicable M V Kamath settlement between the ambani brothers
91 1990 of which company's managerial control Itc did the Ambani's want to acquire
92 Which section specifies that the board approval is required for contracts in which dierectors are intereted parties
301
93 Who did Anil accused of conspiring to divide family
D.V. Kapoor
94 Which company won the national award for Infosys Execellence in corporate governance for the year 2003
95 Who among the following independent director(s) was/were accused of having preculinary relationship with the company and its associate company
D.V. Kapoor
96 Who was the Vice Chairman of Ril before the split
Anil Ambani
97 Which act of the parliament was voilated by Official Secrets Act two senior executives of reliance when a cabinet note was found in their office
98 When did SEBI directed the stock exchnages to look into corporate governance issues at RIL
99 What was the main reason of tussel over corporate governance
2004
Absence Of Will
100 Who was the chairman of Boston Consulting Arun Maira Group(India)
101 Which act says that directors are personally liable to the company in matter of illegal facts
Breach Of Trust
102 For getting relief under section 633what must be proved by the officer concerned
Acted Reasonably
103 Which section of companies act does not Section 292 validate the acts which could not have been done even by a properly appointed director or the acts of a director who knows of the irregularities of his appointment
104 De facto' means
Director Duly Appointed And Acts As A Director
105 A person having control over the direction, conduct, management or superinterdence of the affairs of the company.
Shareholders
106 As per Sec2 (6) of the Companies Act, the director has certain duties to discharge. Which of the following is not true at the duties of the director?
Fiduiciary Duties
107 No corporate, association or firm can be An Individual appointed as a director of a company. To be appointed as a director of a company, public authorities prescibe some qualifications.
108 Who among the following cannot remove the Executive Directors directors from the office? Of The Company
109 To ensure better governance practices a Small Size strategic board should be all of these Except
110 A person having great responsibility in the matter of employment and dismissal of the CEO.
Shareholders
111 For better governance, the board should ensure
Total Commitment To The Company
112 Which act provides a negative definition of an independent director
Government Act
113 Which of the following is/are example of creditworthy corporate practices?
Professionalism Exhibited By Tata Boards
114 What should be the highest priority of the boards?
Better Corporate Performance Through Legitimate & Transparent Policies
115 What percentage of independent external directors should be on board who can advise,onish & control operation management?
Upto 40%
116 Which of the following factors are responsible for a betterment in the family owned concerns.
Market Forces & Competition Force Professionalisation
117 Prohibition of Tax-free Payments comes under which section
Sec200 Of Companies Act
118 The total managerial remuneration payable by a public limited company to its director and its managers shall not exceed by how much percentage of profit?
15%
119 What are the key corporate governance issues in the matter of directors remuneration?
Transparency
120 What are the responsibilities that are normally assigned to a remuneration committee?
Company Superannuation And Pension Arrangement.
121 Which of the following is not a prohibited service for an auditor under Setion 226A of the Companies (Amendment) Bill, 2003?
Management Funtions
122 When did Companies (Amendment) Bill, 2003 and Companies (Auditors Report) Order (CARO), 2003 came into effort? 123 Which of the following is not a responsibility of an auditorunder the Companies (Auditors Report) Order (CARO), 2003?
17th May And 11th July, Respectively
124 This was the era when the concept of Zero Base Budgeting, Capacity Utilisation and Product Profitability gained importance with the onset of global competition. 125 Under the Section 226 of the Companies (Amendment) Bill, 2003, who can be appointed as an auditor for a company?
THE FIRST STAGE: The Decade Of 1950s And 1960s
126 Auditors do not help in promoting
Corporate Fairness
127 Identify Which is not a type of audits
To Ensure Whether A Term Loan Has Been Used For The Purpose It Was Taken.
Any Person Who Has A Direct Financial Interest In The Company.
Financial Statement Audit 128 _______ Auditors areusually reffered to as Government certified public s firms Auditors 129 _______ Is a representative of shareholders, Broker forming a link b/w govt. Agencies,stockholders, investors and creditors
130 _______Works in various local state or central govt. Agencies performing financial, compliance and operational audits 131 The obejective of the quality control policies to be adopted by an audit firm will not encorporate 132 Which one is not a provision in SOX Act regarding Auditors
Auditing Firms
Consultation
Audit Patner Rotation
133 ________Comprises of independent Audinting Firms directors and is responsible for appointment, fixing of fees and oversight of the work 134 Which one id not a malpractice in a company Window Dressing 135 Mark the statement which is incorrect
Auditor Has To Ensure That His Work Involves Exercise Of Judgement
136 The no of years the same auditors cannot be appointed as per Naresh Chandra and the R.D.Joshi committees 137 If an auditor is found guilty of unethical practices then imprisonment is for 138 Which of the following is not a duty of an auditor
More Than 5 Years
139 MAOCARO stands for
Manufacturing And Other Companies Auditors Report Order
2years Full Disclosur Of All Details Of Transactions
140 Companies Amendment bill was introduced 2011 in 141 A corporation is an artificial being, invisible, John Marshall intangible, & existing only in the contemplation of the law. Who said this-?
142 In Agency Theory, which condition holds true-?
Managers Are The Principals & Shareholders Are The Agents
143 may come & may go, but Common Seal the company goes on forever. Which characteristic of company states this-? 144 What is the full form of RSA? Royal Society Of Arts 145 Stewardship theory defines? Manager Act As An Agent
146 On the basis of situational mechanism what the agency theory says?
147 On the basis of psychological mechanism what is true about Stewardship theory?
148 What are the obligations of the management towards the customer for good corporate governance? 149 What are the obligations of the management towards the investors for good corporate governance? 150 In which Stock exchange Tata steel is listed and traded 151 What is the aim of the Global Business Coalition on HIV AIDS by TATA as Social Investment
152 Why the Tata steel adopted Tata code of conduct and audit committee system of evaluation
Cultural Difference Revolve Around Individualism And Large Power Distance Social Comparison Is Between Compatriots Behavior Towards Government Agencies Social Concern
BSE,NSE Check The Growth Of The Disease Of With The Help Of Over A Hundred Major International Companies For Protect The Interest Of Shareholders Only
153 What is a ERA procedure by which Tata's Evaluation, community projects are evaluated stand for? Responsibility And ability 154 Under which theory, Board composition, Stake Holders financial treporting, disclosure and auditing Theory are necessary mechanisms to promote equity and fairness in the society is discussed? 155 Which Theory considers the firm as an inputoutput model by explicitly adding all interest groups? 156 What are the obligations of the management towards the Society for good corporate governance? 157 According to which the following statement is true "rights of all shareholders irrespective of there are local or foreign,large or small, majority or minority are equally protected.
Sociological Theory
158 Encouraging whistle blowing is the obligation of the management towards the 159 What is consensus oriented?
Customer
160 What is corporate citizenship?
161
162 163
Humane Treatment
Participative And Collaborative Environment
Understanding Of Financial, Legal And Environmental Issues Not Only Work Ethically And Comply With All The Rule Sand Regulation But Also Work For Improvement Of The People In The Community Cadbury Committee
“The objective to rasie the standards of Corporate Governance and the level of confidence in financil reporting and auding” was the objective of Corporate Governance gained importance BCCI Scandal after which scandal? In England the seeds of modern corporate BCCI Scandal governance was sworn by which government?
164
When was Cadbury Committe incorporated? 1995
165
When was Greenbury Committe 2000 incorporated? When was Hampel Committe incorporated? 1997
166 167
168 169 170 171
172
173 174 175 176
177
178
179
180
The Paul Ruthman Commitee was consituted to deal with the contovertial point of which report? Under Greenbury Committee, CBI stands for? When was Turnbull Committe incorporated?
Cadbury Report
Turnbull Committee was set up by: which is one of the earliest international organisation to study the issue of corporate governance ? Mckinsey, the international management consultant organisation, conducted ther survey with how many sample size of the company? The SOX Act is a sencere attempt to address the issues associated with: SEBI appointed a comittee on corporate governance on whicch date?> SEBI appointed a comittee on corporate governance with how many The SOX Act provides for mandatory rotation of the lead auditor, coordinating Partner and the partner reviewing audit once every: Which Committee was appointed as a high level committe to examine various corporate governance issues by the department of company affairs? The Government Of India consittuted an expert committe on company law on 2nd Dec. 2004 under the chairmanship of? The mandatory recommendation of KumarMangalam Birla Committee is applicable to all listed companies with paid up capital of: OPC means:
ICAEW RBI
Central Board of India 1880
188
Government Failute 7th May, 1999 18 7
Naresh Chandra Committe
Naresh Chandra
3 crore and above
Oriented Person Company
181 182
183 184 185 186 187 188 189 190
191
When did president John F Kennedy declared the 4 rights of consumers? When did the UN secretary general submitted the draft guidelines for consumer protection? Which one of the following is not an financial institutional investor? Which of the following is a right of COPRA? Who owns the Birla committee?
15 March , 1962 1993
IFCI Right to safety Kumar Mangalam
Which of the following is not a kind of debt Diffused Debt provided to corporates? Which of the following is a step of CSR? Identify Key stakeholders Which of the following is not a factor Share price influencing Investment decisions? Interest of employees cannot be protected Trade union through which of the following? Which of the guidelines are used for deciding Regularity employee representation and organisation? Which one of the following is not an important element of credit monitoring and control in market economies? Who are stakeholders in an organization?
Market Oriented
193
Which are the following are four type of institutional investors in India?
Bonds, Development oriented institutions, insurance companies, Mutual Funds
194
The consumer protection act was 1976 incorporated in the year? A corporate exists not only for the benefit of "TRUE" the shareholders but also to serve the interest of the shareholder? A consumer disputes redressal forum is also District forum known as
192
195
196
Determine operational issues
197 198 199 200
Which of the following is not a factor influencing Investment decisions? An organisation needs the following to create wealth Interest of employees can be protected through Consumer protection act was amended in-
Corporate image Capital Trade union 1986
Choice B
Choice C
Choice D
Sheltered Market
Limited Access Inefficient To Global Market Framework
optionA
Illegal Tacits Of Indian Corporates
Series Of Scams
optionB
None Of The Above
Correct Answer
A And C
B And D
All Of Them
Composition Of Board And Related Issues
Combining The Director's And Role Of Ceo And Executive Chairman Remuneration
Shareholder's Interest Combining The None Of The Are Considered Role Of Ceo And Above More Over Rest Of Chairman The Stakeholders
optionC
optionC
optionD
Organization’s Main Managers Act In Power Distribution optionA Objective Is Profit Self Interest Among Maximization Stakeholders Greenbury Committee
Cadbury Committee
Hampel Committee
optionA
Greenbury Committee
SOX Act
Hampel Committee
optionC
Mid Level
Top Level
All Levels
optionC
IT Scam
Harshad Mehta Scam
Mutual Fund Scam optionC
Low Level Employees
Middle Level Employees
Both (A) & (C)
2003
2004
optionD
2000 optionB
Sox Act
Cadbury Committee
Greenbury Committee
optionA
Society
Management
All Of The Above optionB
Greenbury Committee
SOX Act
Hampel Committee
optionB
Are Shareholders In Dominate The Key Competitors. Strategy Development Process In An Organisation.
Determine optionA Operational Issues.
The Federation Of Indian Chambers Of Commerce And Industry
The Finance Of International Chambers Of Commerce And Industry
The Finance Of Indian Chambers Of Commerce And Industry
optionB
Disclosure And Transparency
Responsibities Of Full Disclosure Of optionD The Board Of All Details Of Directors Transactions
FALSE
Integrity
Cant Say
None Of The Above
optionA
Openness
Acceptability
optionD
1983
Banglore
1980
Hyderabad
10000000
1982 optionA
Mumbai
10000
GDM,C-Life CG, CSR And Prnciple And PRIDE PRIDE
optionB
1000000 optionC
GDM,PRIDE And optionA CG
Nse
Nasdaq
Dow Jone
optionC
Most ired Knowledge Enterprises
Most ire Knowledgable Enterprise
Most Acknowledged Knowledge Enterprise
optionB
Nandan Nilekani
Phaneesh Murthy A T Kearney
optionB
Proactive Reposition Processing @ Infosys For Repository @ Driving Excellence Infosys For Driving Excellence
Process Repository optionA @ Infosys Driving Excellency
Employees In Giving Employees To A World Class Take Decisions Enviornment
Employees For Open Communication
optionA
Corporate Governance
Us Gaap
Cost Cutting Techniques
optionC
Glass Celing
Bad Corporate Goveranance Of Infosys
Gender In Equality optionA At Infosys
Narayan Murthy Trust
Infosys Charitable Infosys India Trust optionA Trust
Kumar Mangalam Birla Committee
Sarbanes Oxley Act
Brand Equity
Planning And All The Above External s
optionD
Planning And External s
Brand Equity
None Of The Above
optionA
Narayan Murthy
Phaneesh Murthy A T Kearney
optionB
Protecting The Interest Of Employees
Protecting The Protecting The Interest Of Board Interest Of Of Director Outsiders
optionA
Effective And Efficent Utilization Of Firms Overall Resources
Effective And Efficient Utilization Of Man Power
optionA
Hampel Committee
None Of These
optionB
Audit Committee,Risk Management And Compensation Committee
Disaster Management Committee,Nomi nation Committee And Compensation Committee
Audit optionA Committee,Nomin ation Committee And Greviance Settelment Committee
Goals And Better Corporate It Employee Maximization Of Goverance In An Commitment To Shareholder Wealths Organization Work
optionB
To Maximize Shareholders Value
To Ensure That Regulatory Frameworks Are Adhered To
optionB
Enhance The Reliability And Quality Of Public Financial Information
optionC
Enhance The Integrity And Efficiency Of The Capital Market
To Make Organizations More Visibly able To A Wider Range Of Stakeholders Eliminate The Prospect Of Fraud Within An Organization
Managers
Shareholders
Regulating Entities optionA
He Has A Right To Participate In Declaration Of Dividends And Receive His/Her Dividends Duly
He Is Entitled To Inspect And Obtain Copies Of Minutes Of Proceedings Of General Meetings
He Cannot Make A optionD Petition To The High Court For The Winding Up Of The Company
Agency Costs
Economies Of Scale
Economies Of Scale
optionB
They Must Show A Greater Degree Of Interest And Involvement In The Appointment Of Directors And Auditors
They Should NONE OF THE Demand ABOVE Complete Information About Directors After Approving Their Directorship
optionC
Obtaining Relevant Information On The Company On A Timely And Regular Basis
Participating And ALL OF THE Voting In ABOVE Shareholder Meetings
optionD
Corporate Guidance Corporate Governance
Corporate Control optionC
Sebi
None Of The Above
Nsdl
optionB
21
19
17 optionC
Turnbull Committee Hampel Committee
Kumar Mangalam optionD Birla Committee
Expertise In Specific Names Of The Functional Areas Companies In Which The Person Also Holds Directorship
All Of The Above optionD
Agm Should Not None Of The Held At Above Inconvenient Venue Or Timing
All Of The Above optionB
Displaying Of Non Executive ALL OF THE Quaterly Results On Directors Should ABOVE Website Look Into Redressing Of Shareholders Complaints
optionB
Increased Agency Costs
Both A And B
None Of The Above
optionC
Shareholders Incur Monitoring Cost
Separation Of Ownership And Management
All Of The Above optionD
3 Months
1.5 Months
2.5 Months
optionB
Board Of Director
Management
ALL OF THE ABOVE
optionA
To Receive A Statutory Report Made By Auditor.
Obtain Copies Of All Of The Above optionB Minute Of Proceeding Of Gm Bt Can't Inspect Them
The s Of Investment Held By The Company In Its Own Name
The s Of Investment Not Held By The Company In Its Own Name
The s Of Investment Held By The Company In Its Own Name As Well As By The Third Party.
optionC
Companies Performance
Both
None Of The Above
optionC
Putting In Place Mechanisms
Only A
Both A And B
optionD
Trustor And Trustee Both A Or B
None Of The Above
optionA
Outsiders
Both A Or B
None Of The Above
optionA
Creditors
Both A Or B
None Of The Above
optionC
Insider Trading
Both A Or B
None Of The Above
optionA
Investor Protection
Both A Or B
None Of The Above
optionB
Cant Say
Don’t Know
optionA
Uti Crises
Both A Or B
None Of The Above
optionC
Corporate Governance
Both A Or B
None Of The Above
optionA
Cant Say
Don’t Know
optionA
Investor Protection
Working Of Companies
Check On Board Of Directors
optionB
Companies Act
Central Govt
Moa Of Company optionA
FALSE
FALSE
Complaints Against Companies Listed For Trading On Stock Exchange
Complaints Financial Intermediaries, Sub Broker Agents, Merchant Bankers, Issue Managers Etc.
Complaints Agaist optionD The Non Listed Companies And Its
Stock Exchanges
Regulatory Agencies
All The Above
optionD
1993
1992
2001
optionC
Ramalinga Raju
Sucheta Dalal
R. Srinivasan
optionA
Satyam Computers
TCS
Infosys
optionB
Grievance Redressal Law Enforcement Tone Up Quality Mechanisms Of Disclosures
optionD
5000 Million
25000 Million
optionA
None Of The Above
optionC
170 Million
Any Other Elements Both A And B Of The Related Party Transaction Necessary For An Understanding Of The Financing Transactions
Mukesh Ambani
Y.P. Trivedi
Anand Jain
optionC
Raashid Alvi
Digvijay Singh
None Of The Above
optionB
Roc
Department Of Both A And C Corporate Affairs
optionA
297
278
299 optionA
1977
1980
1981 optionB
Anil Ambani
Both A And B
None Of The Above
optionA
Anil Ambani
Both A And B
None Of The Above
optionB
Reliance Oil And Gas
Reliance Infocomm
Reliance Textiles
optionC
D V Kapoor
Anand Jain
Y P Trivedi
optionA
Coal India
L&T
Tata Telecom
optionC
297 292 A
300 optionC
Raashid Alvi
Y.P. Trivedi
Anand Jain
optionD
Reliance
ITC
TCS
optionB
S Venkitaramana
Y.P. Trivedi
All Of The Above optionD
Mukesh Ambani
Anand Jain
None Of The Above
optionA
Cabinet Act
Cabinet Secrecy Act
2001
Companies Act
2003
optionA
2002 optionA
Insider Trading
Conflict Of Shareholders Interest
None Of The Above
optionA
M V Kamath
J L Kellog
Raashid Alvi
optionA
Negligence
Ultra Vires Act
Misfeasance
Acted Honestly
Having Regar To All Of The Above optionD All Circumstances Of The Case, He Ought Fairly To Be Excused
Section 290
Section 203
Director Not Duly Appointed And Don’t Act As A Director
Director Not Duly Director Appointed optionC Appointed But As Per Law Acts As A Director
Section 202
optionC
optionB
Executive Committee
None Of The Above
optionC
Duties Of Care, Skill Duties Not To And Diligence Interfare In The Board Meetings, Because It Is The Responsibility Of Executive Directors Only
Duties Not To optionC Delegate Their Functions Except To The Extent Authorized By The Act Or The Constitution Of A Company And To Disclose His Interest
Competent To Enter Hold A Into A Contract Qualification If So Required By The Articles Of Association
All Of The Above optionD
Federal Govt.
Shareholders
The Company Law optionA Board
Independent
Smaller Vision
Well-Informed
optionC
Directors
Executive Committee
None Of The Above
optionB
Steer Discussion Properly
Efficient CEO
All Of The Above optionD
Companies Act
Contract Act
Special Provision Act
optionB
Infosys Technologies Polaris Board's Proactive Board Advice To Management
All Of The Above optionD
Ensure Long Term Commitment To Maximisation Of Corporate Social Shareholder Value & Responsibilty Wealth
Have Vision,Values & Responsibilties Well Defined
optionB
Upto 50%
Upto 60%
Upto 70%
optionB
Emergence Of Board Transparency In All Of The Above optionD Committees Reporting & Full Financial Disclosures
Sec 297 Of Companies Act
Sec 372a Of Companies Act
Sec 162 Of Companies Act
optionA
11%
10%
9% optionB
Pension For, Non Severance For Executive Directors Payment
All Of The Above optionD
Remuneration Packages For Shadow Directors
Review The optionA Balance And Composition Of The Board And Its Committees, Ensuring That They Remain Appropriate
The Committee Shall Make A Statement In The Company's Annual Report About Its Activities
Actuarial Services
Enquiring Whether Loans And Advances Made By The Company Have Been Shown As Deposits
7th May And 11th July, Respectively
17th May And 1st 7th May And 1st optionD July, Respectively July, Respectively
To Report Any Fraud On Or By The Company During The Uear Under Audit.
Internal Audit
optionC
To Report Defaults In Repayment Of Dues To Banks, Fis Or Debenture Holders THE SECOND THE THIRD STAGE: The Period STAGE: The Between 1970 And Years Between 1985 1985and 1990 Any Person Who Any Personwho Has Been In The Receives Any Employment Of The Loan Or Company Gaurantee From The Ompany Customer Transparency Relationships Management Audit Operational Audit
ing And Book Keeping
optionD
THE FOURTH STAGE: The Era Since 1991
optionC
Any Independent Certified Public ant
optionD
ability
optionB
Internal Auditors
External Auditors optionC
Director
Independent Auditors Auditing Firms
Compliance Audit optionB
Auditor
optionD
Government Auditors
Senior Management
Non-Executive Director
optionB
Monitoring
Directing
Skill And Competency
optionC
Prohibition Of Non- No Responsibility Conflict Of Interest optionC Audit Services For Financial Reports Audit Committee
Sox Act
Audit Report
Hedge
6 Months
7 Years
None
optionB
Manipulation Of optionB P&L Acc. Auditor Is Not Auditors Check Auditor Is Not optionD Expected To Perform About Relevent Responsible For Duties Which Fall Information Is Forming And Outside The Scope Properly Expressing His Of His Competence Disclosed In The Opinion Financial Statements More Than 2 Years More Than 10 More Than 1 Years optionA Years 10 Years
optionC
Reviewing Of Report To Board Financial Statements Of Directors On Behalf Of Management Manufacturing And Manufacturing Other Countries And Other Auditors Report Companies Order Auditors Report Office 2001 2003
Evaluating And optionC Understanding Internal Control System Manufacturing optionA And Other Companies Auditors Research Order 2002 optionC
Adam Smith
Narayan Murthy
Justice Lindlay
optionA
Shareholders Are The Principals & Managers Are The Agents (Correct Answer) Artificial Legal Existence
Shareholders Managers Work Work As Agents As Agents & & Principals Principals Both Both.
optionC
Common Seal
Perpetual Succession
optionD
Road Safety Authority Owner’s Attitude Is To Take Risk
Republic Of South Africa Manager Motivated By Their Own Objectives Time Frame Is Long
Russian Federal optionA Space Agency Principal- Manager optionB Relationship Is Based On Control
Social Comparison Between Principals Product At Affordable Price
Power Rests With optionC The Institute
Cultural Difference Revolve Around Collectivism And Small Power Distance Motivation Revolves Around Lower Order Need And Extrinsic Need Managing The Whole Time Directors Humane Treatment
NSE
Risk Orientation Is optionA Done Through Trust
Encouraging Whistle Blowing
optionC
Encouraging Gift And Donation optionC Whistle Blowing BSE
To Develop Centers Gbc Encourages For Research To Companies To Cure Hiv Bacteria Campaign With Imagation And Consistency In Order To Improve For Increase In The Internal Profit Management System
Delhi Stock Exchange Both A And C
optionA
Both A And C
optionB
optionD
Expected Revenue ing
Evalution, Reasonability And ability Sociological Theory Agency Theory
None Of These
optionA
Stewardship Theory
optionB
Agency Theory
Stake Holders Theory
Stewardship Theory
optionC
Fair Employment Practices Trusteeship
Participative And National Interest optionD Collaborative Environment ability Humane Treatment optionB
Employee
Society
Understanding Of Historical, Cultural And Social Context Of The Society Work For Shareholders Benefit Only
Understanding Of Understanding Of optionB Customers Investors Behavior Behavior
Investors
Comply With All Operate In An The Rules And Environment Regulation Friendly Manner
optionB
optionA
Greenbury Committe Paul Ruthman Commitee
None of the above optionA
Watergate Scandal
Both
None of the above optionB
Watergate Scandal
Both
None of the above optionA
1885
2000
1992
optionD
1995
1875
None of the above optionB
1990
1875
1995
optionD
Combined Code Report
Hampel Report
All of the above
optionA
Confedeartion of British Industry 1999
Combined Board None of the above optionB of India 1875 1886 optionB
ICW World bank
ICAU Central bank
ICR Federal bank
optionA optionB
200
201
300
optionA
Corporate Failure
Client Failure
All of the above
optionB
7th March 2000
7th March 2001
7th May 2000
optionA
8
9
10
optionA
8
5
6
optionC
Kumar Mangalam Committee
Narayan Murthi Committee
Greenbury Committe
optionA
Dr. J.J. Irani
Narayan Murthi
None of the above optionB
1 crore
50 lakhs
25 lakhs
Only Person Company
One Person Company
None of the above optionC
optionA
15 March, 1963
14 May, 1991
16 July, 1973
optionA
1983
1972
1969
optionB
IDBI
HDFC
ICICI
optionC
Right to choose
Right to be heard All of the above
Parito Ghosh
AN Subramaniam None of the above optionA
Concentrated Debt
Unsecured Debt
Internal monitoring
Both of the above None of the above optionC
Corporate image
Investor communication Profit sharing
Creditor monitoring Equity sharing
optionD
Predetermined formula
Clear distinction
All of the above
optionD
Competition in the market
Market oriented credit incentives
Legal framework for collection
optionB
Regularity
Are shareholders of the organization
optionD
None of the above optionC
optionB
Depend on the organization for their own goals and vice-versa Mutual funds, Development insurance companies, oriented banks, bonds institutions, insurance companies, Mutual Funds, banks 1979 1988
Dominate stratergy optionC making process
1986
optionD
"FALSE"
N.A
N.A
optionA
State commission
National commisssion
All of the above
optionA
insurance optionC companies, banks, bonds Development oriented institutions,
Share price Labour
financial results and solvency Human capital
Site and location
optionD
All of the above
optionD
Co- Determination
Both of the above None of the above optionC
1967
1965
1959
optionA
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