1 In case of the appointment of a new director or re-appointment All of these.

of a director, the shareholders must be provided with

information.
2 Intellectual properties Ready too use knowledge packages.
3 Which of the statement is correct in context to Section 149. All of these
According to this Section, every company shall have a board of
directors consisting of individuals as directors and shall have
4 There are plenty of benefits of inclusion of independent director He can refrain himself from getting
in a family board. Find the odd statement involved either in family problems or
in day to day company affairs.
5 NTPC 's sustainable development plan includes Plantation of trees, Biodiversity,
Improving health and well-being

6 Which one of the following one should understand be the Good behaviour of mankind towards
description Environmental Ethics? environment

7 According to ..... of the SEBI Act, SEBI has the responsibility to Section11(1)
protect the interests of investors in securities and to promote
the development of and to regulate the securities markets by
way of taking appropriate measures
8 The principal activities in the process of corporate governance Direction, executive action,
are supervision and accountability

9 Which of the following might pose severe challenges for a Honest submission of minor
business corporate in remaining truly ethical deviation
10 Which of the following statements are true as per Thomas A contract of agreement between
Hobbes Social Contract Theory people and the society and between
different people in a society for
mutual benefits.

11 The basic responsibilities of the directors in companies are Responsibilities to the shareholders
and obligation to honesty and
intergrity.
12 There are plenty of benefits of inclusion of independent director He can counsel against nepotism on
in a family board. Find the odd statement. the issue of succession.

13 The principal issues involved in respect of board composition are All of the above
14 Which of the following do not contribute to building a good Identifying fair means and methods
professional ethics base for a business corporate? to generate corporate wealth.

15 An independent director who resigns or is removed from the Within 180 days from the date of
board of the company shall be replaced by a new independent such resignation or removal
director within a period of
16 Clause 49 II A of the SEBI Listing Agreement is replaced by SEBI Regulations 2015 (Listing
Regulations)

17 Naresh Chandra Committee (2002) stipulates that an Has not been a director, independent
independent director of a company is a non-executive director or otherwise, of the company for
who more than 3 (three) terms of 3
 (three) years each [not exceeding 9
(nine) years in any case.

18 Every listed public company shall have at least ..... of the total One-Third
number of directors as independent directors
19 What is Business Ethics? Good behaviour of business
managers

20 K.M. Birla Committee was set up by SEBI

21 A formally declared and documented ethical commitment of the A compliance
organisation is called:
22 Who is interested in intellectual property Business organisations dealing in
commodity products and services

23 Which of the following elements is a good ethics audit

deliverable?
24 Which of the following element plays a key role in ensuring Ethical performance environment
compliance to ethical requirements
25 According to which Section of the companies Act 2013, Section 149(8)
companies and independent directors shall abide by the
provisions specified in the Schedule IV, which prescribes the
guidelines of professional conduct, roles and functions and
duties of the independent directors
26 The concept of corporate sustainability is derived from the Stakeholder and corporate
elements of accountability theories

27 Selection of Ethics auditor should be based on their Audit expertize

28 As per Section 135 of the Companies Act, 2013 and Company At least 2% of the average net profits
Rules, 2014 required that every company having a net worth of made during the three immediately
500 crore or more, or turnover of 1000 crore or more or a net preceding financial years
profit of 5 crore or more during any financial year shall ensure
that the company spends, in every financial year, in pursuance of
its Corporate Social Responsibility (CSR) Policy
29 Which of the following statements are supported by Carol Gilligan 's Moral thoughts should be more
Theory of moral development contextualized to the realities of life with
due emphasis on identifying solutions to
situations even if they are dilemmatic in
nature.

30 Ethics is also known as code of Conduct

31 A corporate is required to publish exhibiting its sustainability plan and Corporate social responsibility report
development in
32 The age limit and tenure of directors in PSUs and PSBs are governed by Department of Public Enterprises
the
33 Which of the following statements is correct? Ina unitary board system, the activities
and processes of governance and
management are overlapping.

34 Criteria for appointment and performance evaluation of Clause 49 of Companies Act 2014
independent directors is mentioned in
35 The company and independent directors shall abide by the Schedule IV to the Companies Act,
provisions specified in 2013
36 In decision making, micro-impact ethical sphere includes Corporate practices

37 The society provides both the source and purpose for all people

38 Gender diversity is in practice in many countries across the globe Uplift the standard in corporate
in order to governance

39 Which of the following is a model professional ethics code Consistent policies and practices.
40 According to the recommendations of CII Code the full board Six times in a year
should meet minimum
41 Which of the blowing you do not ascribe to Environmental natural weather
injury?
42 SEBI has also announced that listed companies failing to appoint One woman
at least _________ minimum of 50,000 fine
43 Why is it implement to protect intellectual property? To safeguard it from infringement

44 Designing a satisfactory ethics management system needs a ethical leader and coordinator
support structure which includes:
45 Code of corporate governance are framed by RBI

46 Which of the following committee defined independent director Kumar Mangalam Birla Committee
as the director not receiving, other than for service on the board
any consulting advisory, or other compensatory fee from the
company, and as not being an affiliated person or any subsidiary
thereof
47 ________ are the two major factors that make basis of Responsibility and Accountability
professional ethics.
48 Patents rights are granted only for 20 years

49 Selection of independent directors and maintenance of databank Section 150

of independent directors takes place as per _______ of Indian
Companies Act, 2013 and Rules, 2014.
50 Any investment made by the society for the development and
maintenance of all kinds of infrastructure for people's benefit is
called
51 What makes an idea unique Just one of a kind idea

52 J.J. Irani Committee (2005) was set up for providing Government of India
recommendations and making a simplified modern law of
corporate governance. This committee was set up by
53 __________ is an integral part of all successful organisation Decision making and implementation

54 The roles played by a lead independent director in a company are: To ensure that there are adequate
control systems in place to protect the
company a interest of the shareholders,
and stakeholders, as they enjoy the
investors confidence.

55 The principal issue involved in respect of board composition are All of these
56 Which three ethos should be integrated together to arraive at good Social ethos, managerial ethos and
Business Ethics employment ethos.