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WorksheetsCorporate Governance in India Quiz 1
Total questions: 14
Worksheet time: 7mins
What is the primary purpose of Corporate Governance?
To eliminate competition
To ensure transparency and accountability
To increase government control
To maximize profits at any cost
Who authored the e-book on Corporate Governance in India?
CA. Vijaysundar
CA. M K Sridhar
CA. Naresh Chandra
CA. K. Jalapathi
Which act governs Limited Liability Partnerships (LLPs) in India?
Companies Act, 2013
Corporate Social Responsibility Act
Securities and Exchange Board of India Act
Limited Liability Partnership Act, 2008
What does CSR stand for in the context of Corporate Governance?
Corporate Social Responsibility
Corporate System Regulation
Corporate Security Review
Corporate Sustainability Report
Which committee was set up by SEBI in 1999 to improve Corporate Governance standards?
National Task Force
Kumaramangalam Birla Committee
Naresh Chandra Committee
N R Narayana Murthy Committee
What is one of the principles of Corporate Governance according to OECD?
Limiting stakeholder engagement
Minimizing regulatory compliance
Ensuring the basis for an effective corporate governance framework
Maximizing shareholder wealth
What is the role of the National Foundation for Corporate Governance (NFCG)?
To enforce penalties for non-compliance
To audit corporate financial statements
To provide a platform for discussing good corporate governance
To regulate stock exchanges
Which of the following is NOT a principle of good governance?
Responsiveness
Accountability
Secrecy
Transparency
What does the '4 P's' in Corporate Governance refer to?
People, Purpose, Process, Performance
Policies, Procedures, Practices, Principles
Partnership, Profit, Performance, Planning
Planning, Production, Profit, People
What is the main focus of Environmental, Social, and Governance (ESG) reporting?
Maximizing profits
Sustainability and ethical practices
Employee satisfaction
Government regulations
Which of the following is a mandatory requirement according to the N R Narayana Murthy Committee?
Evaluation of board performance
Training of board members
Annual shareholder meetings
Whistle blower policy
What is the purpose of the Corporate Governance Score Card?
To determine employee satisfaction
To rank companies by size
To assess corporate governance practices
To evaluate company profits
What is the significance of the Companies Act, 2013 in Corporate Governance?
It restricts foreign investments
It allows for unlimited directorships
It eliminates the need for audits
It mandates CSR spending
Which of the following is a key element of Corporate Governance?
Lack of transparency
Independent board oversight
Focus on short-term gains
Minimal stakeholder engagement
