all mcq questions
TRANSCRIPT
Testid 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
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
Only B
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
Senior Employees
12 By ________ each & every listed company
joined the SEBI code
2002
13 __________ defines CG as system by which
business corporations are directed &
controlled
Oecd
14 CG maybe defined broadly as its relationship
to
Shareholders
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.
17 FICCI stands for The Federation Of
International
Chambers Of
Commerce And
Industry
18 Which of the following is not a parameter as
elucidated by OECD
Rights Of
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”
TRUE
20 Which of the following is not one the
underlying principles of the corporate
governance Combined Code of Practice?
Accountability
21 When was infosys founded 1981
22 Headquater of Infosys is in Chennai
23 Infosys was started with an initial capital of 100000
24 Infosys business activities are anchored in
three pillar
Business Ethics,
Corp Governance
And CSR
25 Infosys was first Indian Company to be listed
in
Bse
26 MAKE award is Most Admirable
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
Accounting 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
Non Executive Directors
Cadbury Committee
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
38 ________Is one aspect of corporate
goverance that helps a company achieve its
goal of maximizing share hoders value
Effective And
Effficient Risk
Management
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
Accountability.
43 The ultimate responsibility for maintaining
an appropriate balance between management
and the owners rests with:
Board Of Directors
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
and management leads to
Relational Costs
46 Which of the following is not a responsibility
of shareholder?
Shareholders Must
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 register 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 Registers 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
lies in
Designing
63 The relationship between investor protection
and corporate goverance is
Principal And Agent
64 Use profits of the firm to
benefit themselves , instead of returning the
money to outside investor to whom it rightly
belongs.
Insiders
65 The objective of corporate governance
reforms in most countries is to protect rights
of outside investors, including
Shareholders
66 Investor protection is an important
constituent of
Corporate
Governance
67 Provides an impetus for
the growth of capital markets
Banks
68 Investor protection is essential for the orderly
development and proper fuctioning of capital
markets
TRUE
69 After which scams did SEBI took investor
protection seriously
Ketan Parik Scam
70 Due to lack of proper
the capital market in the country has
experience stream of market irregularities
and scandals in 1990
Investor Protection
71 Investor protection is inalienable part of
corporate governance
TRUE
72 N.K mitra committee was formed for Right Of
Shareholders
73 Regulator ofn.K. Mitra Committee 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
took place in which year
1995
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
the crises was around
54 Billion
81 What does the accounting 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
company should setup an audit committee
Sebi
85 Which section of the companies act
prescribes that the every company maintains
a register 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
after the split
Mukesh Ambani
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
settlement between the ambani brothers
M V Kamath
91 1990 of which company's managerial control
did the Ambani's want to acquire
Itc
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
Execellence in corporate governance for the
year 2003
Infosys
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
two senior executives of reliance when a
cabinet note was found in their office
Official Secrets Act
98 When did SEBI directed the stock exchnages
to look into corporate governance issues at
RIL
2004
99 What was the main reason of tussel over
corporate governance
Absence Of Will
100 Who was the chairman of Boston Consulting
Group(India)
Arun Maira
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
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
Section 292
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
appointed as a director of a company. To be
appointed as a director of a company, public
authorities prescibe some qualifications.
An Individual
108 Who among the following cannot remove the
directors from the office?
Executive Directors
Of The Company
109 To ensure better governance practices a
strategic board should be all of these Except
Small Size
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,admonish & 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?
17th May And 11th
July, Respectively
123 Which of the following is not a responsibility
of an auditorunder the Companies (Auditors
Report) Order (CARO), 2003?
To Ensure Whether
A Term Loan Has
Been Used For The
Purpose It Was
Taken.
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.
THE FIRST
STAGE: The Decade
Of 1950s And 1960s
125 Under the Section 226 of the Companies
(Amendment) Bill, 2003, who can be
appointed as an auditor for a company?
Any Person Who
Has A Direct
Financial Interest In
The Company.
126 Auditors do not help in promoting Corporate Fairness
127 Identify Which is not a type of audits Financial Statement
Audit
128 _______ Auditors areusually reffered to as
certified public accounts firms
Government
Auditors
129 _______ Is a representative of shareholders,
forming a link b/w govt.
Agencies,stockholders, investors and
creditors
Broker
130 _______Works in various local state or
central govt. Agencies performing financial,
compliance and operational audits
Auditing Firms
131 The obejective of the quality control policies
to be adopted by an audit firm will not
encorporate
Consultation
132 Which one is not a provision in SOX Act
regarding Auditors
Audit Patner
Rotation
133 ________Comprises of independent
directors and is responsible for appointment,
fixing of fees and oversight of the work
Audinting Firms
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
More Than 5 Years
137 If an auditor is found guilty of unethical
practices then imprisonment is for
2years
138 Which of the following is not a duty of an
auditor
Full Disclosur Of All
Details Of
Transactions
139 MAOCARO stands for Manufacturing And
Other Companies
Auditors Report
Order
140 Companies Amendment bill was introduced
in
2011
141 A corporation is an artificial being, invisible,
intangible, & existing only in the
contemplation of the law. Who said this-?
John Marshall
142 In Agency Theory, which condition holds
true-?
Managers Are The
Principals &
Shareholders Are
The Agents
143 Members may come & members may go, but
the company goes on forever. Which
characteristic of company states this-?
Common Seal
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?
Cultural Difference
Revolve Around
Individualism And
Large Power
Distance
147 On the basis of psychological mechanism
what is true about Stewardship theory?
Social Comparison
Is Between
Compatriots
148 What are the obligations of the management
towards the customer for good corporate
governance?
Behavior Towards
Government
Agencies
149 What are the obligations of the management
towards the investors for good corporate
governance?
Social Concern
150 In which Stock exchange Tata steel is listed
and traded
BSE,NSE
151 What is the aim of the Global Business
Coalition on HIV AIDS by TATA as Social
Investment
Check The Growth
Of The Disease Of
With The Help Of
Over A Hundred
Major International
Companies
152 Why the Tata steel adopted Tata code of
conduct and audit committee system of
evaluation
For Protect The
Interest Of
Shareholders Only
153 What is a ERA procedure by which Tata's
community projects are evaluated stand for?
Evaluation,
Responsibility And
Accountability
154 Under which theory, Board composition,
financial treporting, disclosure and auditing
are necessary mechanisms to promote equity
and fairness in the society is discussed?
Stake Holders
Theory
155 Which Theory considers the firm as an input-
output model by explicitly adding all interest
groups?
Sociological Theory
156 What are the obligations of the management
towards the Society for good corporate
governance?
Humane Treatment
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.
Participative And
Collaborative
Environment
158 Encouraging whistle blowing is the
obligation of the management towards the
Customer
159 What is consensus oriented? Understanding Of
Financial, Legal And
Environmental
Issues
160 What is corporate citizenship? Not Only Work
Ethically And
Comply With All
The Rule Sand
Regulation But Also
Work For
Improvement Of The
People In The
Community
161 “The objective to rasie the standards of
Corporate Governance and the level of
confidence in financil reporting and auding”
was the objective of
Cadbury Committee
162 Corporate Governance gained importance
after which scandal?
BCCI Scandal
163 In England the seeds of modern corporate
governance was sworn by which
government?
BCCI Scandal
164 When was Cadbury Committe incorporated? 1995
165 When was Greenbury Committe
incorporated?
2000
166 When was Hampel Committe incorporated? 1997
167 The Paul Ruthman Commitee was consituted
to deal with the contovertial point of which
report?
Cadbury Report
168 Under Greenbury Committee, CBI stands
for?
Central Board of
India
169 When was Turnbull Committe incorporated? 1880
170 Turnbull Committee was set up by: ICAEW
171 which is one of the earliest international
organisation to study the issue of corporate
governance ?
RBI
172 Mckinsey, the international management
consultant organisation, conducted ther
survey with how many sample size of the
company?
188
173 The SOX Act is a sencere attempt to address
the issues associated with:
Government Failute
174 SEBI appointed a comittee on corporate
governance on whicch date?>7
th May, 1999
175 SEBI appointed a comittee on corporate
governance with how many members
18
176 The SOX Act provides for mandatory
rotation of the lead auditor, coordinating
Partner and the partner reviewing audit once
every:
7
177 Which Committee was appointed as a high
level committe to examine various corporate
governance issues by the department of
company affairs?
Naresh Chandra
Committe
178 The Government Of India consittuted an
expert committe on company law on 2nd
Dec.
2004 under the chairmanship of?
Naresh Chandra
179 The mandatory recommendation of
KumarMangalam Birla Committee is
applicable to all listed companies with paid
up capital of:
3 crore and above
180 OPC means: Oriented Person
Company
181 When did president John F Kennedy
declared the 4 rights of consumers?
15 March , 1962
182 When did the UN secretary general
submitted the draft guidelines for consumer
protection?
1993
183 Which one of the following is not an
financial institutional investor?
IFCI
184 Which of the following is a right of
COPRA?
Right to safety
185 Who owns the Birla committee? Kumar Mangalam
186 Which of the following is not a kind of debt
provided to corporates?
Diffused Debt
187 Which of the following is a step of CSR? Identify Key
stakeholders
188 Which of the following is not a factor
influencing Investment decisions?
Share price
189 Interest of employees cannot be protected
through which of the following?
Trade union
190 Which of the guidelines are used for deciding
employee representation and organisation?
Regularity
191 Which one of the following is not an
important element of credit monitoring and
control in market economies?
Market Oriented
192 Who are stakeholders in an organization? Determine
operational issues
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
incorporated in the year?
1976
195 A corporate exists not only for the benefit of
the shareholders but also to serve the interest
of the shareholder?
"TRUE"
196 A consumer disputes redressal forum is also
known as
District forum
197 Which of the following is not a factor
influencing Investment decisions?
Corporate image
198 An organisation needs the following to create
wealth
Capital
199 Interest of employees can be protected
through
Trade union
200 Consumer protection act was amended in- 1986
Choice B Choice C Choice D Correct Answer
Sheltered Market Limited Access
To Global Market
Inefficient
Framework
optionA
Illegal Tacits Of
Indian Corporates
Series Of Scams None Of The
Above
optionB
A And C B And D All Of Them optionC
Composition Of
Board And Related
Issues
Combining The
Role Of Ceo And
Chairman
Director's And
Executive
Remuneration
optionC
Shareholder's Interest
Are Considered
More Over Rest Of
The Stakeholders
Combining The
Role Of Ceo And
Chairman
None Of The
Above
optionD
Organization’s Main
Objective Is Profit
Maximization
Managers Act In
Self Interest
Power Distribution
Among
Stakeholders
optionA
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) optionD
2003 2004 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
Key Competitors.
Dominate The
Strategy
Development
Process In An
Organisation.
Determine
Operational Issues.
optionA
The Federation Of
Indian Chambers Of
Commerce And
Industry
The Finance Of
Indian Chambers
Of Commerce
And Industry
The Finance Of
International
Chambers Of
Commerce And
Industry
optionB
Disclosure And
Transparency
Responsibities Of
The Board Of
Directors
Full Disclosure Of
All Details Of
Transactions
optionD
FALSE Cant Say None Of The
Above
optionA
Integrity Openness Acceptability optionD
1983 1980 1982 optionA
Banglore Hyderabad Mumbai optionB
10000000 10000 1000000 optionC
GDM,C-Life
Prnciple And PRIDE
CG, CSR And
PRIDE
GDM,PRIDE And
CG
optionA
Nse Nasdaq Dow Jone optionC
Most Admired
Knowledge
Enterprises
Most Admire
Knowledgable
Enterprise
Most
Acknowledged
Knowledge
Enterprise
optionB
Nandan Nilekani Phaneesh Murthy A T Kearney optionB
Proactive Reposition
@ Infosys For
Driving Excellence
Processing
Repository @
Infosys For
Driving
Excellence
Process Repository
@ Infosys Driving
Excellency
optionA
Employees In Giving
A World Class
Enviornment
Employees To
Take Decisions
Employees For
Open
Communication
optionA
Corporate
Governance
Us Gaap Cost Cutting
Techniques
optionC
Glass Celing Bad Corporate
Goveranance Of
Infosys
Gender In Equality
At Infosys
optionA
Narayan Murthy
Trust
Infosys Charitable
Trust
Infosys India Trust optionA
Kumar Mangalam
Birla Committee
Sarbanes Oxley
Act
Hampel
Committee
optionB
Brand Equity Planning And
External Contacts
All The Above optionD
Planning And
External Contacts
Brand Equity None Of The
Above
optionA
Narayan Murthy Phaneesh Murthy A T Kearney optionB
Protecting The
Interest Of
Employees
Protecting The
Interest Of Board
Of Director
Protecting The
Interest Of
Outsiders
optionA
Effective And
Efficent Utilization
Of Firms Overall
Resources
Effective And
Efficient
Utilization Of
Man Power
None Of These optionA
Audit
Committee,Risk
Management And
Compensation
Committee
Disaster
Management
Committee,Nomi
nation Committee
And
Compensation
Committee
Audit
Committee,Nomin
ation Committee
And Greviance
Settelment
Committee
optionA
Goals And
Maximization Of
Shareholder Wealths
Better Corporate
Goverance In An
Organization
It Employee
Commitment To
Work
optionB
To Maximize
Shareholders Value
To Make
Organizations
More Visibly
Accountable To
A Wider Range
Of Stakeholders
To Ensure That
Regulatory
Frameworks Are
Adhered To
optionB
Enhance The
Integrity And
Efficiency Of The
Capital Market
Eliminate The
Prospect Of Fraud
Within An
Organization
Enhance The
Reliability And
Quality Of Public
Financial
Information
optionC
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
Petition To The
High Court For
The Winding Up
Of The Company
optionD
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
Demand
Complete
Information
About Directors
After Approving
Their
Directorship
NONE OF THE
ABOVE
optionC
Obtaining Relevant
Information On The
Company On A
Timely And Regular
Basis
Participating And
Voting In
Shareholder
Meetings
ALL OF THE
ABOVE
optionD
Corporate Guidance Corporate
Governance
Corporate Control optionC
Sebi Nsdl None Of The
Above
optionB
21 19 17 optionC
Turnbull Committee Hampel
Committee
Kumar Mangalam
Birla Committee
optionD
Expertise In Specific
Functional Areas
Names Of The
Companies In
Which The
Person Also
Holds
Directorship
All Of The Above optionD
Agm Should Not
Held At
Inconvenient Venue
Or Timing
None Of The
Above
All Of The Above optionB
Displaying Of
Quaterly Results On
Website
Non Executive
Directors Should
Look Into
Redressing Of
Shareholders
Complaints
ALL OF THE
ABOVE
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
Minute Of
Proceeding Of
Gm Bt Can't
Inspect Them
All Of The Above optionB
The Registers Of
Investment Held By
The Company In Its
Own Name
The Registers Of
Investment Not
Held By The
Company In Its
Own Name
The Registers 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
FALSE 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
FALSE 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
Complaints Against
Companies Listed
For Trading On
Stock Exchange
Complaints
Financial
Intermediaries,
Sub Broker
Agents, Merchant
Bankers, Issue
Managers Etc.
Complaints Agaist
The Non Listed
Companies And Its
Members
optionD
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
Mechanisms
Law Enforcement Tone Up Quality
Of Disclosures
optionD
5000 Million 170 Million 25000 Million optionA
Any Other Elements
Of The Related Party
Transaction
Necessary For An
Understanding Of
The Financing
Transactions
Both A And B None Of The
Above
optionC
Mukesh Ambani Y.P. Trivedi Anand Jain optionC
Raashid Alvi Digvijay Singh None Of The
Above
optionB
Roc Department Of
Corporate Affairs
Both A And C 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
Companies Act optionA
2001 2003 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 optionC
Acted Honestly Having Regar To
All
Circumstances Of
The Case, He
Ought Fairly To
Be Excused
All Of The Above optionD
Section 290 Section 203 Section 202 optionB
Director Not Duly
Appointed And
Don’t Act As A
Director
Director Not Duly
Appointed But
Acts As A
Director
Director Appointed
As Per Law
optionC
Executive
Committee Members
None Of The
Above
optionC
Duties Of Care, Skill
And Diligence
Duties Not To
Interfare In The
Board Meetings,
Because It Is The
Responsibility Of
Executive
Directors Only
Duties Not To
Delegate Their
Functions Except
To The Extent
Authorized By The
Act Or The
Constitution Of A
Company And To
Disclose His
Interest
optionC
Competent To Enter
Into A Contract
Hold A
Qualification If
So Required By
The Articles Of
Association
All Of The Above optionD
Federal Govt. Shareholders The Company Law
Board
optionA
Independent Smaller Vision Well-Informed optionC
Directors Executive
Committee
Members
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
Proactive Board
Polaris Board's
Advice To
Management
All Of The Above optionD
Ensure Long Term
Maximisation Of
Shareholder Value &
Wealth
Commitment To
Corporate Social
Responsibilty
Have
Vision,Values &
Responsibilties
Well Defined
optionB
Upto 50% Upto 60% Upto 70% optionB
Emergence Of Board
Committees
Transparency In
Reporting & Full
Financial
Disclosures
All Of The Above optionD
Sec 297 Of
Companies Act
Sec 372a Of
Companies Act
Sec 162 Of
Companies Act
optionA
11% 10% 9% optionB
Pension For, Non
Executive Directors
Severance For
Payment
All Of The Above optionD
Remuneration
Packages For
Shadow Directors
The Committee
Shall Make A
Statement In The
Company's
Annual Report
About Its
Activities
Review The
Balance And
Composition Of
The Board And Its
Committees,
Ensuring That
They Remain
Appropriate
optionA
Actuarial Services Enquiring
Whether Loans
And Advances
Made By The
Company Have
Been Shown As
Deposits
Internal Audit optionC
7th May And 11th
July, Respectively
17th May And 1st
July, Respectively
7th May And 1st
July, Respectively
optionD
To Report Any Fraud
On Or By The
Company During
The Uear Under
Audit.
To Report
Defaults In
Repayment Of
Dues To Banks,
Fis Or Debenture
Holders
Accounting And
Book Keeping
optionD
THE SECOND
STAGE: The Period
Between 1970 And
1985
THE THIRD
STAGE: The
Years Between
1985and 1990
THE FOURTH
STAGE: The Era
Since 1991
optionC
Any Person Who
Has Been In The
Employment Of The
Company
Any Personwho
Receives Any
Loan Or
Gaurantee From
The Ompany
Any Independent
Certified Public
Accountant
optionD
Customer
Relationships
Transparency Accountability optionB
Management Audit Operational Audit Compliance Audit optionB
Internal Auditors Independent
Auditors
External Auditors optionC
Director Auditing Firms Auditor optionD
Government
Auditors
Senior
Management
Non-Executive
Director
optionB
Monitoring Directing Skill And
Competency
optionC
Prohibition Of Non-
Audit Services
No Responsibility
For Financial
Reports
Conflict Of Interest optionC
Audit Committee Sox Act None optionB
Audit Report Hedge Manipulation Of
P&L Acc.
optionB
Auditor Is Not
Expected To Perform
Duties Which Fall
Outside The Scope
Of His Competence
Auditors Check
About Relevent
Information Is
Properly
Disclosed In The
Financial
Statements
Auditor Is Not
Responsible For
Forming And
Expressing His
Opinion
optionD
More Than 2 Years More Than 10
Years
More Than 1 Years optionA
6 Months 7 Years 10 Years optionC
Reviewing Of
Financial Statements
Report To Board
Of Directors On
Behalf Of
Management
Evaluating And
Understanding
Internal Control
System
optionC
Manufacturing And
Other Countries
Auditors Report
Order
Manufacturing
And Other
Companies
Auditors Report
Office
Manufacturing
And Other
Companies
Auditors Research
Order
optionA
2001 2003 2002 optionC
Adam Smith Justice Lindlay Narayan Murthy optionA
Shareholders Are
The Principals &
Managers Are The
Agents (Correct
Answer)
Shareholders
Work As Agents
& Principals
Both.
Managers Work
As Agents &
Principals Both
optionC
Artificial Legal
Existence
Common Seal Perpetual
Succession
optionD
Road Safety
Authority
Republic Of
South Africa
Russian Federal
Space Agency
optionA
Owner’s Attitude Is
To Take Risk
Manager
Motivated By
Their Own
Objectives
Principal- Manager
Relationship Is
Based On Control
optionB
Cultural Difference
Revolve Around
Collectivism And
Small Power
Distance
Time Frame Is
Long
Risk Orientation Is
Done Through
Trust
optionA
Motivation Revolves
Around Lower Order
Need And Extrinsic
Need
Social
Comparison
Between
Principals
Power Rests With
The Institute
optionC
Managing The
Whole Time
Directors
Product At
Affordable Price
Encouraging
Whistle Blowing
optionC
Humane Treatment Encouraging
Whistle Blowing
Gift And Donation optionC
NSE BSE Delhi Stock
Exchange
optionA
To Develop Centers
For Research To
Cure Hiv Bacteria
Gbc Encourages
Companies To
Campaign With
Imagation And
Consistency
Both A And C optionD
In Order To Improve
The Internal
Management System
For Increase In
Profit
Both A And C optionB
Expected Revenue
Accounting
Evalution,
Reasonability
And
Accountability
None Of These optionA
Sociological Theory Agency Theory Stewardship
Theory
optionB
Agency Theory Stake Holders
Theory
Stewardship
Theory
optionC
Fair Employment
Practices
Participative And
Collaborative
Environment
National Interest optionD
Trusteeship Accountability Humane Treatment optionB
Employee Society Investors optionB
Understanding Of
Historical, Cultural
And Social Context
Of The Society
Understanding Of
Customers
Behavior
Understanding Of
Investors Behavior
optionB
Work For
Shareholders Benefit
Only
Comply With All
The Rules And
Regulation
Operate In An
Environment
Friendly Manner
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
Combined Board
of India
None of the above optionB
1999 1875 1886 optionB
ICW ICAU ICR optionA
World bank Central bank Federal bank 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 optionA
Only Person
Company
One Person
Company
None of the above optionC
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 optionD
Parito Ghosh AN Subramaniam None of the above optionA
Concentrated Debt Unsecured Debt None of the above optionC
Internal monitoring Both of the above None of the above optionC
Corporate image Investor
communication
Creditor
monitoring
optionD
Regularity Profit sharing Equity sharing optionB
Predetermined
formula
Clear distinction All of the above optionD
Competition in the
market
Market oriented
credit incentives
Legal framework
for collection
optionB
Are shareholders of
the organization
Depend on the
organization for
their own goals
and vice-versa
Dominate stratergy
making process
optionC
Mutual funds,
insurance companies,
banks, bonds
Development
oriented
institutions,
insurance
companies,
Mutual Funds,
banks
insurance
companies, banks,
bonds
Development
oriented
institutions,
optionC
1979 1988 1986 optionD
"FALSE" N.A N.A optionA
State commission National
commisssion
All of the above optionA
Share price financial results
and solvency
Site and location optionD
Labour Human capital All of the above optionD
Co- Determination Both of the above None of the above optionC
1967 1965 1959 optionA