estid qid Question Choice A Choice B Choice C Choice D Correct Answe

1 Which is not the reason for Open Economy Sheltered Market Limited Access Inefficient optionA
corporate misgovernance in India To Global Market Framework

2 Bribery to concerned official, using Corporate Illegal Tacits Of Series Of Scams None Of The optionB
import licences to make quick profit, Misgovernance Indian Corporates Above
illegaly holding money abroad to meet
business expenses are types of
3 Which of the statement is true: a) Directors Only B A And C B And D All Of Them optionC
elect shareholders who elect them b)
directors vote on key matters and adopt the
majority decision c) Company adopts
scientific methods to generate accounting
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 Ditinguising The Composition Of Combining The Director's And optionC
of CG Role Of Board Board And Related Role Of Ceo Executive
And Management Issues And Chairman Remuneration

5 Which of the following statement is The Interest Of Shareholder's Interest Combining The None Of optionD
true about CG Society Is Are Considered Role Of Ceo The Above
Ignored More Over Rest Of And Chairman
The Stakeholders
 6 The OECD states that CG problem arise Ownership & Organization’s Main Managers Act Power Distribution optionA
s because of Control Is Objective Is Profit In Self Interest Among
Separated Maximization Stakeholders

7 resulted from ENRON scandal SOX Act Greenbury Cadbury Hampel optionA
Committee Committee Committee

8 The calls for protection to Cadbury Committee Greenbury SOX Act Hampel optionC
those who brings fraud to attention of Committee Committee
those handling frauds

9 In privately owned organizations only Low Level Mid Level Top Level All Levels optionC
employees at are seen
indulging in corporate misgovernance

10 Need for CG in India was realized with Plantation IT Scam Harshad Mehta Mutual Fund Scam optionC
Companies Scam Scam

11 Extraordinary high income tax levels of Senior Employees Low Level Middle Level Both (A) & (C) optionD
1960’s led many companies to devise Employees Employees
tax eviction tactics in form of
compensation
packages for
12 By each & every listed company 2002 2003 2004 2000 optionB
joined the SEBI code
13 defines CG as system by Oecd Sox Act Cadbury Greenbury optionA
which business corporations are directed & Committee Committee
controlled

14 CG maybe defined broadly as its Shareholders Society Management All Of The Above optionB
relationship to

15 Executive pay in UK was reviewed by Cadbury Committee Greenbury SOX Act Hampel optionB
Committee Committee

16 Stakeholders are the individuals or Depend On The Are Shareholders Dominate Determine optionA
groups who: Organisation To In Key The Strategy Operational
Fulfil Their Own Competitors. Development Issues.
Goals And On Process In An
Whom The Organisation.
Organisation
Depend.
17 FICCI stands for The Federation Of The Federation Of The Finance Of The Finance Of optionB
International Indian Chambers Indian Chambers International
Chambers Of Of Commerce And Of Commerce Chambers Of
Commerce And Industry And Industry Commerce
Industry And Industry
18 Which of the following is not a parameter Rights Of Disclosure And Responsibities Of Full Disclosure optionD
as elucidated by OECD Shareholders Transparency The Board Of Of All Details Of
Directors Transactions

19 “the board of directors of a company shall TRUE FALSE Cant Say None Of optionA
have an optimum combination of The Above
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 Accountability Integrity Openness Acceptability optionD
underlying principles of the corporate
governance Combined Code of
Practice?

21 When was infosys founded 1981 1983 1980 1982 optionA

22 Headquater of Infosys is in Chennai Banglore Hyderabad Mumbai optionB

23 Infosys was started with an initial capital of 100000 10000000 10000 1000000 optionC

24 Infosys business activities are anchored Business Ethics, GDM,C-Life CG, CSR And GDM,PRIDE And optionA
in three pillar Corp Governance Prnciple And PRIDE PRIDE CG
And CSR
25 Infosys was first Indian Company to be Bse Nse Nasdaq Dow Jone optionC
listed in

26 MAKE award is Most Admirable Most Admired Most Admire Most optionB
Knowledgable Knowledge Knowledgable Acknowledged
Enterpreneur Enterprises Enterprise Knowledge
Enterprise

27 CEO and MD of Infosys is N.R. Narayan Nandan Nilekani Phaneesh Murthy A T Kearney optionB
Murthy

28 PRIDE is termed as Process Repository Proactive Reposition Processing Process optionA

@ Infosys For @ Infosys For Repository @ Repository @
Driving Excellence Driving Excellence Infosys For Infosys Driving
Driving Excellency
Excellence

29 Whistel blower policy encourages Employeess To Employees In Employees To Employees For optionA
Report Questionable Giving A World Take Open
Accounting Matters Class Enviornment Decisions Communication

30 Infosys was the first Indian company Cadbury Committee Corporate Us Gaap Cost Cutting optionC
to voluntarily adopt Recommendation Governance Techniques

31 Phaneesh Murthy Case was about Sexual Harassment Glass Celing Bad Corporate Gender In optionA
Goveranance Of Equality At
Infosys Infosys
32 For CSR Infosys established a trust namely Infosys Foundation Narayan Murthy Infosys Charitable Infosys India Trust optionA
Trust Trust

33 Which Committee focuses on Executive Cadbury Committee Kumar Mangalam Sarbanes Hampel optionB
and Non Executive Directors Birla Committee Oxley Act Committee

34 CEO is Responsible for Corporate Strategy Brand Equity Planning And All The Above optionD
External
Contacts

35 COO is responsible for Day To Day Planning And Brand Equity None Of optionA
Operational Issues External Contacts The Above

36 Founder of Infosys is Nandan Nilekani Narayan Murthy Phaneesh Murthy A T Kearney optionB

37 Fundamental objective of The Enhancement Of Protecting The Protecting The Protecting The optionA
Corporate Govenance is …? Long Term Share Interest Of Interest Of Interest Of
Holder Value And Employees Board Of Outsiders
Protecting The Director
Interest Of Other
Stake Holders
38 Is one aspect of corporate Effective And Effective And Effective And None Of These optionA
goverance that helps a company achieve Effficient Risk Efficent Utilization Efficient
its goal of maximizing share hoders value Management Of Firms Overall Utilization Of
Resources Man Power
39 Infosys has three commitees Audit Audit Disaster Audit optionA
Committee,Nominati Committee,Risk Management Committee,Nomin
on Committee And Management And Committee,Nomi ation Committee
Compensation Compensation nation Committee And Greviance
Committee Committee And Settelment
Compensation Committee
Committee

40 Effective and Efficient risk Corporate Social Goals And Better Corporate It Employee optionB
management helps comnpany to Responsibility Maximization Of Goverance In Commitment To
achieve its Shareholder Wealths An Organization Work

41 Main purpose of CG is: To Separate To Maximize To Make To Ensure That optionB

Ownership And Mgt Shareholders Value Organizations Regulatory
Control Of More Visibly Frameworks Are
Organizations Accountable To Adhered To
A Wider Range
Of Stakeholders
42 Effective corporate governance does all Ensure Corporate Enhance The Eliminate The Enhance The optionC
of the following except: Accountability. Integrity And Prospect Of Reliability And
Efficiency Of The Fraud Within An Quality Of
Capital Market Organization Public Financial
Information
43 The ultimate responsibility for maintaining Board Of Directors Managers Shareholders Regulating Entities optionA
an appropriate balance between
management and the owners rests with:

44 Which of the following is not a right He Has A Right He Has A Right To He Is Entitled To He Cannot Make optionD
of shareholders? To Demand A Poll Participate In Inspect And A Petition To The
Declaration Of Obtain Copies Of High Court For
Dividends And Minutes Of The Winding Up
Receive His/Her Proceedings Of Of The Company
Dividends Duly General
Meetings

45 Divergence in objectives between Relational Costs Agency Costs Economies Economies optionB
ownership and management leads to Of Scale Of Scale
46 Which of the following is not a Shareholders Must They Must Show A They Should NONE OF optionC
responsibility of shareholder? Maintain Alertness Greater Degree Of Demand THE ABOVE
And Decorum Interest And Complete
During The Involvement In The Information
General Body Appointment Of About Directors
Meeting Directors And After Approving
Auditors Their
Directorship

47 The basic right of shareholder is : Right To Transfer Obtaining Relevant Participating And ALL OF optionD
And Obtain Information On The Voting In THE
Registration Of Company On A Shareholder ABOVE
Shares Timely And Meetings
Regular Basis

48 What is needed to create a corporate Corporate Corporate Guidance Corporate Corporate Control optionC
culture of consciousness, transparency and Management Governance
openness??

49 Who is the custodin of investor's interest? Rbi Sebi Nsdl None Of optionB
The Above
50 Number of mandatory recommendations 25 21 19 17 optionC
of kumr birla committee,1999

51 CII's first audit committee Cadbury Committee Turnbull Committee Hampel Kumar Mangalam optionD
Committee Birla Committee

52 While appointing new director, A Brief Resume Expertise In Specific Names Of All Of The Above optionD
shreholder must provide the following Functional Areas The
information Companies In
Which The
Person Also
Holds
Directorship

53 Which of the following is a mandtory Displaying Of Agm Should Not None Of All Of The Above optionB
recommendation of KMB Committee, Quaterly Results Held At The Above
1999 On Website Inconvenient Venue
Or Timing

54 Which of the following is not a mandtory AGM Should Not Displaying Of Non Executive ALL OF optionB
recommendation of KMB Committee, Held At Quaterly Results Directors THE
1999 Inconvenient Venue On Website Should Look ABOVE
Or Timing Into Redressing
Of Shareholders
Complaints
55 Conflicts of interest between Principal-Agent Increased Agency Both A And B None Of optionC
shareholders and managers of a firm Problem Costs The Above
result in

56 Agency costs are incurred by a Managers May Not Shareholders Incur Separation Of All Of The Above optionD
corporation because Attempt To Monitoring Cost Ownership
Maximize The Value And
Of The Firm To Management
Shareholders

57 Shareholders have the right to have 2 Months 3 Months 1.5 Months 2.5 Months optionB
certificate of shares within

of allotment

58 Shareholders can apply for the Company Law Board Of Director Management ALL OF optionA
rectification of the register of member to: Board THE
ABOVE
59 Shareholder is entitled to: Can't Particiapte In To Receive A Obtain Copies All Of The Above optionB
Decision Of Statutory Report Of Minute Of
Dividend Made By Proceeding Of
Declaration Auditor. Gm Bt Can't
Inspect Them

60 Shareholder as right to inspect: The Registers Of The Registers Of The Registers The Registers Of optionC
Investment Held Investment Held By Of Investment Investment Held
By The Third Party The Company In Its Not Held By By The
On Company's Own Name The Company Company In Its
Name. In Its Own Own Name As
Name Well As By The
Third Party.

61 Strong investor protection is associated with Effective Corporate Companies Both None Of optionC
Governance Performance The Above

62 The core substance of corporate Designing Putting In Only A Both A And B optionD
governance lies in Place
Mechanisms
63 The relationship between investor Principal And Agent Trustor And Trustee Both A Or B None Of optionA
protection and corporate goverance is The Above

64 Use profits of the firm to Insiders Outsiders Both A Or B None Of optionA

benefit themselves , instead of returning the The Above
money to outside investor to whom it
rightly belongs.

65 The objective of corporate governance Shareholders Creditors Both A Or B None Of optionC

reforms in most countries is to protect The Above
rights of outside investors, including

66 Investor protection is an Corporate Insider Trading Both A Or B None Of optionA

important constituent of Governance The Above
67 Provides an impetus Banks Investor Protection Both A Or B None Of optionB
for the growth of capital markets The Above

68 Investor protection is essential for the TRUE FALSE Cant Say Don’t Know optionA
orderly development and proper fuctioning
of capital
markets
69 After which scams did SEBI took Ketan Parik Scam Uti Crises Both A Or B None Of optionC
investor protection seriously The Above

70 Due to lack of proper Investor Protection Corporate Both A Or B None Of optionA

the capital market in the country has Governance The Above
experience stream of market
irregularities and scandals in 1990

71 Investor protection is inalienable part of TRUE FALSE Cant Say Don’t Know optionA
corporate governance
72 N.K mitra committee was formed for Right Of Investor Protection Working Check On optionB
Shareholders Of Board Of
Companies Directors

73 Regulator ofn.K. Mitra Committee Sebi Companies Act Central Govt Moa Of Company optionA
74 Among the following in which category Complaints Againt Complaints Against Complaints Complaints Agaist optionD
the investor complain cannot be divided Member Brokers Companies Listed Financial The Non Listed
Of Stock Exchange For Trading On Intermediaries, Companies And
Stock Exchange Sub Broker Its Members
Agents, Merchant
Bankers, Issue
Managers Etc.

75 Investor protection is a multidimensional Company Level Stock Exchanges Regulatory All The Above optionD
function requiring checks at various Agencies
level which are

76 Harshad mehta Scam of market 1995 1993 1992 2001 optionC

manipulation took place in which year

77 Who listed different failures of sebi in S.Vaidyanathan Ramalinga Raju Sucheta Dalal R. Srinivasan optionA
his column "Eye on the Market" in the
Hindu Businessline
78 In which Scam India's fourth Largest Wipro Satyam Computers TCS Infosys optionB
software exporter and first indian
internet company to be listed on
NASDAQ was involved

79 What is the Suggestion given to Sebi Development Of Grievance Redressal Law Enforcement Tone Up optionD
for Better perfomance Financial Markets Mechanisms Quality Of
Disclosures

80 In Harshad Mehta Scam amount involved 54 Billion 5000 Million 170 Million 25000 Million optionA
in the crises was around

81 What does the accounting standards 18 Full Disclosoure Of Any Other Elements Both A And B None Of optionC
of ICAI states that All Details Of The Of The Related Party The Above
Transaction Along Transaction
With The Amount Necessary For An
Invovlemnt Understanding Of
The Financing
Transactions
82 Who headed a corporate governance D.V. Kapoor Mukesh Ambani Y.P. Trivedi Anand Jain optionC
committee that was formed at RIL
after Anil's acquitions

83 Which member of parliament accused the Promod Mahajan Raashid Alvi Digvijay Singh None Of optionB
reliance group for "buying peace " with The Above
the income tax department

84 Who prescribes that the board of every Sebi Roc Department Of Both A And C optionA
listed company should setup an audit Corporate
committee Affairs
85 Which section of the companies act 301 297 278 299 optionA
prescribes that the every company
maintains a register of contract in which its
Directors are interested

86 When did reliance industries went public 1975 1977 1980 1981 optionB
and raised equity capital

87 Who headed the Oil and Gas business of Mukesh Ambani Anil Ambani Both A And B None Of optionA
RIL after the split The Above

88 Who headed the telecomm arm of the Mukesh Ambani Anil Ambani Both A And B None Of optionB
RIL after the split The Above
89 Which compnay under reliance group Reliance Capital Reliance Oil And Reliance Reliance Textiles optionC
was accused of voilating provsions of the Gas Infocomm
law against pre - natal sex determination

90 Who played a key role in making a M V Kamath D V Kapoor Anand Jain Y P Trivedi optionA
amicable settlement between the ambani
brothers

91 1990 of which company's managerial Itc Coal India L&T Tata Telecom optionC
control did the Ambani's want to acquire

92 Which section specifies that the board 301 297 292 A 300 optionC
approval is required for contracts in
which dierectors are intereted parties
93 Who did Anil accused of conspiring D.V. Kapoor Raashid Alvi Y.P. Trivedi Anand Jain optionD
to divide family

94 Which company won the national award Infosys Reliance ITC TCS optionB
for Execellence in corporate governance
for the year 2003

95 Who among the following independent D.V. Kapoor S Venkitaramana Y.P. Trivedi All Of The Above optionD
director(s) was/were accused of having
preculinary relationship with the
company and its associate company

96 Who was the Vice Chairman of Ril Anil Ambani Mukesh Ambani Anand Jain None Of optionA
before the split The Above
 97 Which act of the parliament was voilated Official Secrets Act Cabinet Act Cabinet Secrecy Companies Act optionA
by two senior executives of reliance when a Act
cabinet note was found in their office

98 When did SEBI directed the stock 2004 2001 2003 2002 optionA
exchnages to look into corporate governance
issues at RIL

99 What was the main reason of tussel Absence Of Will Insider Trading Conflict Of None Of optionA
over corporate governance Shareholders The Above
Interest

100 Who was the chairman of Boston Arun Maira M V Kamath J L Kellog Raashid Alvi optionA
Consulting Group(India)
101 Which act says that directors are Breach Of Trust Negligence Ultra Vires Act Misfeasance optionC
personally liable to the company in matter
of illegal facts

102 For getting relief under section 633what Acted Reasonably Acted Honestly Having Regar To All Of The Above optionD
must be proved by the officer All
concerned Circumstances
Of The Case, He
Ought Fairly To
Be Excused

103 Which section of companies act does not Section 292 Section 290 Section 203 Section 202 optionB
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 Director Not Duly Director Not Director Appointed optionC
Appointed And Acts Appointed And Duly Appointed As Per Law
As A Director Don’t Act As A But Acts As A
Director Director
105 A person having control over the direction, Shareholders Executive None Of optionC
conduct, management or superinterdence Committee Members The Above
of the affairs of the company.

106 As per Sec2 (6) of the Companies Act, Fiduiciary Duties Duties Of Care, Skill Duties Not To Duties Not To optionC
the director has certain duties to And Diligence Interfare In The Delegate Their
discharge. Board Meetings, Functions Except
Which of the following is not true at Because It Is The To The Extent
the duties of the director? Responsibility Of Authorized By The
Executive Act Or The
Directors Only Constitution Of A
Company And To
Disclose His
Interest
107 No corporate, association or firm can be An Individual Competent To Enter Hold A All Of The Above optionD
appointed as a director of a company. To be Into A Contract Qualification If
appointed as a director of a company, So Required
public authorities prescibe some By The
qualifications. Articles Of
Association

108 Who among the following cannot remove Executive Directors Federal Govt. Shareholders The Company optionA
the directors from the office? Of The Company Law Board

109 To ensure better governance practices a Small Size Independent Smaller Vision Well-Informed optionC
strategic board should be all of these
Except
110 A person having great responsibility in Shareholders Directors Executive None Of optionB
the matter of employment and dismissal Committee The Above
of the CEO. Members

111 For better governance, the board Total Commitment Steer Discussion Efficient CEO All Of The Above optionD
should ensure To The Company Properly

112 Which act provides a negative definition Government Act Companies Act Contract Act Special Provision optionB
of an independent director Act

113 Which of the following is/are example Professionalism Infosys Technologies Polaris Board's All Of The Above optionD
of creditworthy corporate practices? Exhibited By Proactive Board Advice To
Tata Boards Management

114 What should be the highest priority of Better Corporate Ensure Long Term Commitment To Have optionB
the boards? Performance Maximisation Of Corporate Vision,Values
Through Legitimate Shareholder Value & Social &
& Transparent Wealth Responsibilty Responsibilties
Policies Well Defined
115 What percentage of independent Upto 40% Upto 50% Upto 60% Upto 70% optionB
external directors should be on board
who can advise,admonish & control
operation management?

116 Which of the following factors are Market Forces & Emergence Of Transparency In All Of The Above optionD
responsible for a betterment in the Competition Force Board Committees Reporting &
family owned concerns. Professionalisation Full Financial
Disclosures

117 Prohibition of Tax-free Payments Sec200 Of Sec 297 Of Sec 372a Of Sec 162 Of optionA
comes under which section Companies Act Companies Act Companies Companies
Act Act
118 The total managerial remuneration 15% 11% 10% 9% optionB
payable by a public limited company to its
director and its managers shall not exceed
by how much percentage of profit?

119 What are the key corporate Transparency Pension For, Non Severance For All Of The Above optionD
governance issues in the matter of Executive Directors Payment
directors remuneration?

120 What are the responsibilities that Company Remuneration The Committee Review The optionA
are normally assigned to a Superannuation And Packages For Shall Make A Balance And
remuneration committee? Pension Shadow Directors Statement In Composition Of
Arrangement. The Company's The Board And
Annual Report Its Committees,
About Its Ensuring That
Activities They Remain
Appropriate
121 Which of the following is not a prohibited Management Actuarial Services Enquiring Internal Audit optionC
service for an auditor under Setion 226A Funtions Whether Loans
of the Companies (Amendment) Bill, And Advances
2003? Made By The
Company Have
Been Shown
As Deposits

122 When did Companies (Amendment) 17th May And 7th May And 11th 17th May And 1st 7th May And 1st optionD
Bill, 2003 and Companies (Auditors 11th July, July, Respectively July, July,
Report) Respectively Respectively Respectively
Order (CARO), 2003 came into effort?
123 Which of the following is not a To Ensure Whether To Report Any To Report Accounting And optionD
responsibility of an auditorunder the A Term Loan Has Fraud On Or By TheDefaults In Book Keeping
Companies (Auditors Report) Order Been Used For The Company During Repayment Of
(CARO), 2003? Purpose It Was The Uear Under Dues To Banks,
Taken. Audit. Fis Or
Debenture
Holders
124 This was the era when the concept of Zero THE FIRST THE SECOND THE THIRD THE FOURTH optionC
Base Budgeting, Capacity Utilisation and STAGE: The Decade STAGE: The Period STAGE: STAGE: The
Product Profitability gained importance Of 1950s And 1960s Between 1970 And The Era Since 1991
with 1985 Years Between
the onset of global competition. 1985and 1990
125 Under the Section 226 of the Any Person Who Any Person Who Any Personwho Any Independent optionD
Companies (Amendment) Bill, 2003, Has A Direct Has Been In The Receives Any Certified Public
who can be appointed as an auditor for a Financial Interest Employment Of Loan Or Accountant
company? In The Company. The Company Gaurantee
From
The Ompany
126 Auditors do not help in promoting Corporate Fairness Customer Transparency Accountability optionB
Relationships
127 Identify Which is not a type of audits Financial Statement Management Audit Operational Audit Compliance Audit optionB
Audit
128 Auditors areusually reffered to as Government Internal Auditors Independent External Auditors optionC
certified public accounts firms Auditors Auditors
129 Is a representative of Broker Director Auditing Firms Auditor optionD
shareholders, forming a link b/w govt.
Agencies,stockholders, investors and
creditors
130 Works in various local state or Auditing Firms Government Senior Non-Executive optionB
central govt. Agencies performing Auditors Management Director
financial,
compliance and operational audits
131 The obejective of the quality control Consultation Monitoring Directing Skill And optionC
policies to be adopted by an audit firm will Competency
not
encorporate
132 Which one is not a provision in SOX Audit Patner Prohibition Of Non- No Responsibility Conflict Of optionC
Act regarding Auditors Rotation Audit Services For Financial Interest
Reports

133 Comprises of independent Audinting Firms Audit Committee Sox Act None optionB
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 Audit Report Hedge Manipulation Of optionB
P&L Acc.
135 Mark the statement which is incorrect Auditor Has To Auditor Is Not Auditors Check Auditor Is Not optionD
Ensure That His Expected To Perform About Relevent Responsible
Work Involves Duties Which Fall Information Is For Forming
Exercise Of Outside The Scope Properly And Expressing
Judgement Of His Competence Disclosed In His Opinion
The Financial
Statements
136 The no of years the same auditors cannot be More Than 5 Years More Than 2 Years More Than More Than 1 optionA
appointed as per Naresh Chandra and 10 Years Years
the R.D.Joshi committees
137 If an auditor is found guilty of unethical 2years 6 Months 7 Years 10 Years optionC
practices then imprisonment is for
138 Which of the following is not a duty of Full Disclosur Of All Reviewing Of Report To Evaluating And optionC
an auditor Details Of Financial Statements Board Of Understanding
Transactions Directors On Internal
Behalf Of Control
Management System
139 MAOCARO stands for Manufacturing And Manufacturing And Manufacturing Manufacturing optionA
Other Companies Other Countries And Other And Other
Auditors Report Auditors Report Companies Companies
Order Order Auditors Auditors
Report Research
Office Order
140 Companies Amendment bill was introduced 2011 2001 2003 2002 optionC
in
141 A corporation is an artificial being, John Marshall Adam Smith Justice Lindlay Narayan Murthy optionA
invisible, intangible, & existing only in the
contemplation of the law. Who said this-?
142 In Agency Theory, which condition Managers Are Shareholders Are Shareholders Managers Work optionC
holds true-? The Principals & The Principals & Work As As Agents &
Shareholders Are Managers Are Agents & Principals Both
The Agents The Agents Principals Both.
(Correct
Answer)
143 Members may come & members may go, Common Seal Artificial Legal Common Seal Perpetual optionD
but the company goes on forever. Which Existence Succession
characteristic of company states this-?
144 What is the full form of RSA? Royal Society Of Road Safety Republic Of Russian Federal optionA
Arts Authority South Africa Space Agency
145 Stewardship theory defines? Manager Act As Owner’s Attitude Is Manager Principal- Manager optionB
An Agent To Take Risk Motivated Relationship Is
By Their Based On Control
Own
Objectives
146 On the basis of situational mechanism Cultural Difference Cultural Difference Time Frame Risk Orientation optionA
what the agency theory says? Revolve Around Revolve Around Is Long Is Done Through
Individualism And Collectivism And Trust
Large Power Small Power
Distance Distance
147 On the basis of psychological Social Comparison Motivation Revolves Social Power Rests With optionC
mechanism what is true about Is Between Around Lower Comparison The Institute
Stewardship theory? Compatriots Order Need And Between
Extrinsic Principals
Need
148 What are the obligations of the management Behavior Towards Managing The Product At Encouraging optionC
towards the customer for good Government Whole Time Affordable Whistle
corporate governance? Agencies Directors Price Blowing
149 What are the obligations of the management Social Concern Humane Treatment Encouraging Gift And Donation optionC
towards the investors for good Whistle
corporate governance? Blowing
150 In which Stock exchange Tata steel is listed BSE,NSE NSE BSE Delhi Stock optionA
and traded Exchange
151 What is the aim of the Global Business Check The Growth To Develop Centers Gbc Encourages Both A And C optionD
Coalition on HIV AIDS by TATA as Of The Disease Of For Research To Companies To
Social Investment With The Help Of Cure Hiv Bacteria Campaign With
Over A Hundred Imagation And
Major International Consistency
Companies
152 Why the Tata steel adopted Tata code For Protect The In Order To For Increase Both A And C optionB
of conduct and audit committee system Interest Of Improve The In Profit
of evaluation Shareholders Only Internal
Management System
 153 What is a ERA procedure by which Tata's Evaluation, Expected Revenue Evalution, None Of These optionA
community projects are evaluated stand Responsibility And Accounting Reasonability
for? Accountability And
Accountability
154 Under which theory, Board composition, Stake Holders Sociological Theory Agency Theory Stewardship optionB
financial treporting, disclosure and auditing Theory Theory
are necessary mechanisms to promote
equity and fairness in the society is
discussed?
155 Which Theory considers the firm as an Sociological Theory Agency Theory Stake Stewardship optionC
input- output model by explicitly adding all Holders Theory
interest Theory
groups?
156 What are the obligations of the management Humane Treatment Fair Employment Participative And National Interest optionD
towards the Society for good Practices Collaborative
corporate governance? Environment
157 According to which the following statement Participative And Trusteeship Accountability Humane Treatment optionB
is true "rights of all shareholders Collaborative
irrespective of there are local or Environment
foreign,large or small, majority or minority
are equally protected.
158 Encouraging whistle blowing is the Customer Employee Society Investors optionB
obligation of the management towards the
159 What is consensus oriented? Understanding Of Understanding Of Understanding Of Understanding Of optionB
Financial, Legal Historical, Cultural Customers Investors
And Environmental And Social Context Behavior Behavior
Issues Of The Society
160 What is corporate citizenship? Not Only Work Work For Comply With Operate In An optionA
Ethically And Shareholders Benefit All The Rules Environment
Comply With All Only And Regulation Friendly
The Rule Sand Manner
Regulation But Also
Work For
Improvement Of
The People In The
Community
161 “The objective to rasie the standards of Cadbury Committee Greenbury Committe Paul Ruthman None of the above optionA
Corporate Governance and the level of Commitee
confidence in financil reporting and
auding”
was the objective of
162 Corporate Governance gained importance BCCI Scandal Watergate Scandal Both None of the above optionB
after which scandal?
163 In England the seeds of modern BCCI Scandal Watergate Scandal Both None of the above optionA
corporate governance was sworn by
which
government?
164 When was Cadbury Committe incorporated? 1995 1885 2000 1992 optionD

165 When was Greenbury Committe 2000 1995 1875 None of the above optionB
incorporated?
166 When was Hampel Committe incorporated? 1997 1990 1875 1995 optionD

167 The Paul Ruthman Commitee was Cadbury Report Combined Code Hampel Report All of the above optionA
consituted to deal with the contovertial point Report
of which
report?
168 Under Greenbury Committee, CBI stands Central Board of Confedeartion of Combined Board None of the above optionB
for? India British Industry of India
169 When was Turnbull Committe incorporated? 1880 1999 1875 1886 optionB

170 Turnbull Committee was set up by: ICAEW ICW ICAU ICR optionA
171 which is one of the earliest international RBI World bank Central bank Federal bank optionB
organisation to study the issue of
corporate
governance ?
172 Mckinsey, the international management 188 200 201 300 optionA
consultant organisation, conducted ther
survey with how many sample size of
the
company?
173 The SOX Act is a sencere attempt to address Government Failute Corporate Failure Client Failure All of the above optionB
the issues associated with:
174 SEBI appointed a comittee on corporate 7th May, 1999 7th March 2000 7th March 2001 7th May 2000 optionA
governance on whicch date?>
175 SEBI appointed a comittee on corporate 18 8 9 10 optionA
governance with how many members
176 The SOX Act provides for mandatory 7 8 5 6 optionC
rotation of the lead auditor, coordinating
Partner and the partner reviewing audit
once
every:
177 Which Committee was appointed as a high Naresh Chandra Kumar Mangalam Narayan Murthi Greenbury optionA
level committe to examine various Committe Committee Committee Committe
corporate governance issues by the
department of
company affairs?
178 The Government Of India consittuted an Naresh Chandra Dr. J.J. Irani Narayan Murthi None of the above optionB
expert committe on company law on 2nd Dec.
2004 under the chairmanship of?
179 The mandatory recommendation of 3 crore and above 1 crore 50 lakhs 25 lakhs optionA
KumarMangalam Birla Committee is
applicable to all listed companies with
paid
up capital of:
180 OPC means: Oriented Person Only Person One Person None of the above optionC
Company Company Company
181 When did president John F Kennedy 15 March , 1962 15 March, 1963 14 May, 1991 16 July, 1973 optionA
declared the 4 rights of consumers?
182 When did the UN secretary general 1993 1983 1972 1969 optionB
submitted the draft guidelines for
consumer
protection?
183 Which one of the following is not an IFCI IDBI HDFC ICICI optionC
financial institutional investor?
184 Which of the following is a right of Right to safety Right to choose Right to be heard All of the above optionD
COPRA?
185 Who owns the Birla committee? Kumar Mangalam Parito Ghosh AN Subramaniam None of the above optionA

186 Which of the following is not a kind of debt Diffused Debt Concentrated Debt Unsecured Debt None of the above optionC
provided to corporates?
187 Which of the following is a step of CSR? Identify Key Internal monitoring Both of the above None of the above optionC
stakeholders
188 Which of the following is not a factor Share price Corporate image Investor Creditor optionD
influencing Investment decisions? communication monitoring
189 Interest of employees cannot be protected Trade union Regularity Profit sharing Equity sharing optionB
through which of the following?
190 Which of the guidelines are used for Regularity Predetermined Clear distinction All of the above optionD
deciding employee representation and formula
organisation?
191 Which one of the following is not an Market Oriented Competition in the Market oriented Legal framework optionB
important element of credit monitoring market credit for collection
and incentives
control in market economies?
192 Who are stakeholders in an organization? Determine Are shareholders of Depend on the Dominate stratergy optionC
operational issues the organization organization for making process
their own goals
and vice-versa
193 Which are the following are four type Bonds, Development Mutual funds, Development insurance optionC
of institutional investors in India? oriented institutions, insurance companies, oriented companies,
insurance banks, bonds institutions, banks, bonds
companies, Mutual insurance Development
Funds companies, oriented
Mutual institutions,
Funds,
banks
194 The consumer protection act was 1976 1979 1988 1986 optionD
incorporated in the year?
195 A corporate exists not only for the benefit of "TRUE" "FALSE" N.A N.A optionA
the shareholders but also to serve the
interest
of the shareholder?
196 A consumer disputes redressal forum is also District forum State commission National All of the above optionA
known as commisssion
197 Which of the following is not a factor Corporate image Share price financial results Site and location optionD
influencing Investment decisions? and solvency
198 An organisation needs the following to Capital Labour Human capital All of the above optionD
create
wealth
199 Interest of employees can be protected Trade union Co- Determination Both of the above None of the above optionC
through
200 Consumer protection act was amended in- 1986 1967 1965 1959 optionA