Adani Probe Wraps Up as India Tightens Disclosure for Big Firms

Adani Probe Wraps Up as India Tightens Disclosure for Big Firms

Assessment

Interactive Video

Business, Social Studies

University

Hard

Created by

Quizizz Content

FREE Resource

The video discusses the Supreme Court's probe into allegations against the Adani Group, focusing on offshore funds, accounting practices, and shareholding compliance. SEBI is expected to submit a report on these issues. Additionally, Deloitte resigned as Adani Ports' auditor due to concerns over related transactions and lack of visibility into subsidiaries.

Read more

5 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the role of the expert panel appointed by the Supreme Court regarding the Adani Group?

To provide legal advice to the Adani Group

To mediate between Adani Group and its investors

To audit the financial statements of the Adani Group

To investigate the allegations against the Adani Group

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is NOT a focus of the SEBI report on the Adani Group?

Environmental impact assessments

Related party transactions

Accounting and governance practices

Minimum public shareholding compliance

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the minimum public shareholding rule that the SEBI report is expected to address?

10% public shareholding

25% public shareholding

20% public shareholding

15% public shareholding

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why did Deloitte resign as auditors of Adani Ports?

They completed their audit term

They disagreed on the need for an independent investigation

They were replaced by another audit firm

They found no issues with Adani Ports

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was one of the reasons Deloitte flagged transactions at Adani Ports?

Transactions with unrelated third parties

Transactions with local vendors

Transactions with entities named in the Hindenburg report

Transactions with government agencies