Q1.
IMF stands
for……………………..
International Monetary
Fund
Q2.
….. Involves smaller
sums and typically more junior officials
Petty Corruption
Grand Corruption
None
Both
Q3.
CEO/CFO certification
of financial and internal controls was recommended in ………………………….report
Naresh chandra
committee
Narayana Murthy
Committee report
Kumara Mangala Birla
Report
CII report on
Governance
Q4.
Along with financial
results, companies are also reporting…………………in the annual reports
Measures taken to
control frauds
Employee engagement
CSR initiatives
Customer engagement
models
Q5.
Narasimham committee
report was submitted in the year…………………….
1991
1998
Both A and B
Q18.
Narasimham committee
was set up for reforms in…………………..sector
Banking
Insurance
Mutual funds
Capital markets
Q6.
The Narayana Murthy
Committee report of Corporate Governance was submitted in the year…………….
2003
Q7.
OECD principles of
Corporate Governance is broadly divided under ………………………..categories
3
6
4
5
Q8.
For government primary
expectation from business is……………………..
Safety and security
Compliance
Financial Returns
Creditworthiness
Q9.
Investor Education
with reference to financial and company transactions is done by……………
SEBI
Companies
Ministry of Corporate
Affairs
Ministry of Finance
Q10.
Utilization of
resources, attitude towards work, work commitment, motivation, work culture,
manager's mental health are discussed in …………………
Bhagavatgita
Q11.
In April 2005 KPMG
settled with the SEC by paying a US$22.48 million fine. Meanwhile, Xerox paid a
civil penalty of $...... million
18
8
10
19
Q12.
A business practice
means…………………
Taking a strategic
decision
Taking decisions on
day to day transactions
Decisions on new
products and services
Decisions on funding
for business
Q13.
Code of conduct can be
evolved by………………
Government rules
Brainstorming and
discussion
strict measures
Changing the
regulations
Q14.
Values are
…………………..legally enforceable
always
never
sometimes
if required
Q15.
Which scandal took
place in 2002?
World Dot Com
Political instability
in Japan
3G scam in Nigeria
None
Q16.
According to what,
public servants who are employees of the government or government organisations
have to give their annual property returns.
Annual Property
Returns by the Members of Parliament and Ministers
Annual Property Return
Act
None
Both
Q17.
…. Is generally
practiced by government officials, ministers and senior officials
Petty Corruption
Grand Corruption
None
Both
Q18.
The audit committee
should meet at least ………………… times in a year and not more than ……………….. months
shall elapse between two meetings
4 and 4
3 and 4
3 and 3
Q19.
Teachings of ten
commandants are a part of……………………….
Holy Quran
Bible
Ramayana
Mahabharatha
Q20.
When businesses go
international, problem of governance becomes difficult because……………….
Different countries
have different corporate governance mechanisms
Business grow bigger
and bigger
Increase in the number
of stakeholders
Local governments cant
control the businesses anymore
Q21.
The issue of Corporate
Governance came to prominence in India with……………………………….report.
TATA committee report
Narayana Murthy
Committee report
Kumara Mangala Birla
Report
CII report on
Governance
Q22.
When an employee
brings fraudulant activities into light in the organisations, it is
called………………………
Breach of code of
conduct
Whistle blowing
Ethical issue
Moral issue
Q23.
To earn sufficient
profit and to bring financial soundness to the company is the responsibility of
the business towards……………………..
Consumers
Employees
Shareholders
Government
Q24.
The …... model is the
intellectual property right for protecting the inventions.
Unity
Utility
Primary
Secondary
Q25.
N R Narayana Murthy is
the founder of……………………..
TCS
Wipor
Infosys
HCL
Q26.
Which Act defines the
word "Fraud" U/S 17?
Indian Contract Act
Sale of Goods Act
Anti Money Laundering
Act
None
Q27.
Statutory Liquidity
Ratio (SLR) should be brought down in a phased manner to 25% over a period of
about five years to give banks more funds to carry business. This is a
recommendation of ……………………committee report
Narasimham committee
report I
Narasimham committee
report II
Malhotra Committee
report
Naresh chandra
committee report
Q28.
CAMEL’s ratings
awarded by…………………
SEBI
Govt of India
RBI
ICAI
Q29.
What needs to be
prepared for staff of doubtful integrity outgoing manager of a branch to
handover the list to the incoming manager who can have idea about whom to be
relied upon for confidential/sensitivework?
Watch List
Watchddog List
Corruption List
None
Q30.
The………………………has a
broad implication as these are customs established by a group of individuals.
Ethics
Values
Both A and B
Morals
Q31.
A survey was carried
out by TNS India (a research organisation) and the Times Foundation with the
aim of providing an understanding of the role of corporations in CSR in the
year…………..
2008
2016
2009
2010
Q32.
According
to…………………….ethical theory, an action is considered morally correct if the
consequences of that action are more favorable than unfavorable.
Virtue Ethics
Deontological Ethics
Teleologial Ethics
Meta Ethics
Q33.
. ……………………is a
representative body of management of banking in India operating in India
IBA
ICAI
RBI
SEBI
Q34.
….. is evolving
rapidly in India
Cyber Crime
Hacking
Theft
E-commerce
Q35.
The Parliament of
India passed Whistleblower protection Act in the year………………………………
2009
2011
2010
2012
Q36.
Ethics which
establishes certain moral standards for human behavior is called…………………..
Normative Ethics
Applied Ethics
Meta Ethics
Business Ethics
Q37.
Management as a
philosophy is evoloving since…………….century
16th
17th
18th
19th
Q38.
The …………….. approach
focuses on applying management principles and processes as dictated by the
unique characteristics of each situation
Behavioral Approach
Classical Approach
Quantitative Approach
Contingency Approach
Q39.
Life insurance
business is based on the twin principles of …………….. and…………………..
Profit and market
share
Trust and risk sharing
Profit and risk sharing
Maximum returns to the
customer
Q40.
What is the reason
behind India's poor performance?
Negative employment
rate
GDP
GNP
Corruption
Q41.
Development of code of
Ethics generally involves………………..steps
8 steps
4 steps
2 steps
Q42.
Set of conventional
principles and expectations that are considered binding on any person who is a
member of a particular group is known as…………………
Code of conduct
Ethics
Morals
Values
Q43.
SEBI is headquartered
in …………………
Bengaluru
Delhi
Mumbai
Chenna
Q44.
……. is the hacking of
IP addresses in order to transact with a false identity, thus remaining
anonymous while carrying out the criminal activities.
Cyber Crime
Anonymous Theft
None
Both
Q45.
Companies Act of 2013
made………………………….as mandatory disclosure
Related Party
Transaction
Executive compensation
Board meetings
Whistle Blower Policy
Q46.
Which of the following
is not a Corporate governance feature?
It is a concept rather
than an individualinstrument
It aims at maximizing
the welfare.
It hinges on complete
transparency, integrity and accountability
It aims at maximizing
the profits
Q47.
What books needs to be
kept under dualcustody ?
White demand draft
Demand book
Black demand draft
All of the above
Q48.
A team of internal
auditor of WorldCom, started their investigation secretly and uncovered $....
billion of fraud
4
30
3.8
3.2
Q49.
Companies Act of 1956
was replaced by a new companies act which was passed in the year
2013
2009
2015
1991
Q50.
What is the symbol of
Copyright ?
©
Q1.
Since 1995, what has
Transpraenency International (TI) published annually ?
Corruption Perception
Index (CPI)
Corruption Indicator
Index (CII)
Corruption Aggregator
Index (CAI)
All of the above
Q2.
Before SEBI came into
existence………………………was the controller of capital markets
Securities exchange
comission of India
Controller of Capital
Issue
Reserve Bank of India
Institutes of
Chartered Accountants of India
Q3.
Code of conduct is
focussed on…………………..
Maximising profits
Charge fair and
reasonableprice.
Setting rules and
regulations for ethical behavior
Improve employee
performance
Q4.
To maintain the
quality of code of conduct…………………..audit is important in organisations
Ethical Audit
Statutory Audit
Internal Audit
Social Audi
Q5.
Common types of
intellectual property rights DOES NOT include which of the following?
copyrights
trademarks
patents
none
Q6.
Which one of the
following is not an example for code of conduct principle?
Accept the principle
of “service first and profitnext”.
Charge fair and
reasonableprice.
Give due respect and
honor to the basic rights ofconsumers.
Aim for maximising the
Profits
Q7.
Which was one of the
largest publicly traded health care company in the U.S in 2003?
Health North Central
Health South Central
Health East Central
Health West Central
Q8.
Cadbury committee was
prepared in……………………
India
USA
Germany
UK
Q9.
Ethics which can be
further classified as teleological, deontological and virtue ethics is………………….
Normative Ethics
Applied Ethics
Meta Ethics
Business Ethics
Q10.
For successful
implementation of CSR, companies can collaborate with……………………
society
Government
Employees
NGOs
Q11.
Business Ethics has
existed as an academic field since………….
2000
1990
1980
1970
Q12.
…..., one of the form
of intellectual property law, offers exclusive rights for protecting the
authorship of original and creative work like dramatic, musical and literary in
nature.
Goodwill
Patent
Copyright
Trade Mar
Q13.
Tariff Advisory body
(TAB) is a statutory body for…………...sector
Banking
Telecom
Capital markets
Insurance
Q14.
Merits of ethical
business practice does not include………
Increase in brand
value
Less chances of
getting into legal problems
Decrease in cost of
production
Improved public image
Q15.
CSR should become a
part of company's……………………….structure
Shareholding pattern
Audit committee
Code of condcut
Corporate governace
Q16.
Number in registrar
must tally with total number entered in which book?
Ledger Book
Book of Income
Day Book
None
Q17.
The key to happiness
is reduction in desire is a lesson taught in……………….
Ramayana
Bhagavatgita
Arthshastra
Bible
Q18.
Ethics is a branch
of……………………….
Philosophy
Moral science
Anthropology
History
Q19.
One of the major issue
with reference to technology and internet for corporations is………………………..
Very expesive
Too dynamic
Implementation takes
time
Data security and
privacy
Q20.
New Economic Policy
was brought into effect in India in the year…………….
1988
1989
1990
1991
Q21.
In Saradha Group
financial scandal (2013), Rajya Sabha MP …….. was jailed.
Shashi Tharoor
Arun Jaitely
Kunal Ghosh
Sharad Pawar
Q22.
Listing agreement
disclosure norms are issued by…………..
CII
Govt of India
CBDT
SEBI
Q23.
When companies
undertake activities that promote the welfare of the local community it helps
in ……………………………
Maximising profits
Acquire market share
Avoid Hostility and to
gain support of local community
Achieving employee
satisfaction
Q24.
………………………………is not a
CSR area
Brand building
Community Developmnet
Environment Management
Promoting human
resources
Q25.
The problem of loan
defaults in banks is termed as………………
Non Performing Assets
Loan Defaults
Provisions
None of the Mentioned
Q26.
A ….. is confident
trick or confident game, which is an attempt to intentionally mislead a person
or persons usually with the goal of financial or other gain.
Scandal
Scam
Fraud
Corruption
Q27.
Which of the committee
is not a Corporate governance committee for Banks?
Basel committee
Malhotra committee
M S Verma Advisory Committee
Q28.
The Lehman executives
and the company’s auditors, Ernst & Young hid over $..... billion in loans
disguised as sales by apparently sending sold toxic assets to Cayman Island
banks with the understanding that they would be bought back eventually
1
25
50
100
Q29.
Choose the path of
righteousness is a value that can be associated with………………..
Ravana
Hanuman
Vibhishana
Sugreeva
Q30.
Association of Mutual
funds of India is body for………………….
Equity shares
Loans
Mutual funds
All the three
Q31.
Which one of the
following is not a part of corporate code of ethics?
CSR policy
Code of Ethics
Code of Practices
Code of conduct and
behavior
Q32.
The NCRB report states
that the number of corrupt government officers arrested by anti-corruption
bureau has decreased by what percentage ?
5
10
15
20
Q33.
The Companies Act 2013
and Clause 49 of SEBI does not mandate ……………….as a disclosure
Audit committee
Financial Statements
Credit sales
Board composition
Q34.
The law enforcement
authorities have to evoke faith, not terror and have to change their mindset to
be fully accountable to generate …..
Government confidence
Public confidence
Investors confience
None
Q35.
What should be used in
order to detect and prevent the corruptive practices on a larger scale?
Income Tax
CBI
E-Governance and
Information Technology
None
Q36.
Mandatory investments
of LIC Life Fund in government securities to be reduced from 75%
to……………….according to Malhotra committee report
0.7
0.6
0.5
0.4
Q37.
For shareholders
primary expectationrom busniess is……………………..
Safety and security
Compliance
Financial Returns
Creditworthiness
Q38.
Essential Commodities
Act was passed in the year………………………
1947
1948
1956
1955
Q39.
A pyramid with four
types of responsibility involved - economic (on the bottom level), then legal,
ethical and finally philanthropic is termed as………………..
Stakeholder responsibility
Social Responsibility
Sustainability
Business
Responsibility
Q40.
There should be a
“profession and objective” relationship between the board and the
executives-This recommendation was done by…………………………Committee
TATA committee report
Narayana Murthy
Committee report
Cadbury committee
report
Kumara Mangala Birla
Report
Q41.
…..., based in
Chicago, is a holding company and formerly one of the "Big Five"
accounting firms
KPMG
Deloitte
Arthur Andersen LLP
E & Y
Q42.
Dumping industrial
waste in rivers and fertile lands is………..
unethical practice
unethical and illegal
practice
Illegal practice
Legal practice
Q43.
One of the
disadvantages of CSR for organisations is…………………..
Brand value gets
diluted
Customers may not be
happy
Extra staff required
to fulfill CSR related tasks
Reduces market share
Q44.
…… which protect a user
from unauthorised access attacks while on a network.
Anti-Virus
Malware
Virus
Firewall
Q45.
What was the objective
of Competition Act?
To prevent
anti-competitionpractices
To promote and sustain
competition inmarkets
To protect the
interests ofconsumers
All of the above
Q46.
The idea of business
having certain responsibilities beyond profit making gained importance in
……………….century
18th
20th
17th
19th
Q47.
Obedience and respect
for authority is the basic fundamental requisite. This is mentioned in…………………..
Holy Quran
Bible
Ramayana
Mahabharatha
Q48.
Objectives of
Corporate governance include……………….
Enhance longterm value
and economic efficiency
Expand business
Reduce risk of the
business
Doing CSR
Q49.
Unlike copyright, …….
is not granted on giving mere suggestion or idea.
Goodwill
Patent
None
Trade Mark
Q50.
The former new company
was named Tech Mahindra with the Chairman as “……..”
Anand Mahindra
One of the important
feature of value is……………………………….
It builds harmony
It is stated in detail
It sometimes leads to
conflicting opinions
It is always explicit
The area of philosophy
concerned with the evaluation of human conduct is known as
Ethics
Values
Both A and B
Morals
The study of the
origin and meaning of ethical concepts is called………………..
Applied Ethics
Meta Ethics
Normative Ethics
Sturctured Ethics
Q17.
The study of the
origin and meaning of ethical concepts is known as………………….ethics
Normative Ethics
Applied Ethics
Meta Ethics
Business Ethics
GRACE was aimed at
bringing about a standard of ethical behavior among…………………………….
Companies
Capital Markets
Banks
Insurance companies
A committee was set up
under the chairmanship of …………………………..for preparing the cadbury report
Andrew Cadbury
Nicolas Cadbury
Henry Cadbury
Adrian Cadbury
The apex which
regulates capital markets in India is…………….
SEBI
IRDAI
RBI
AMFI
Which one is not a
factor to be considered while preparing a code of conduct for an organisation?
Senior management
Public opinion
Employees involvement
Considering a well
tested model
Q14.
Cadbury Committee
report of Corporate Governance was released prepared in……………………
UK
USA
Japan
China
Q16.
The …. spectrum scam
was an Indian telecommunications scam and political scandal in which
politicians and government officials under the Indian National
Congress.(Congress) coalition government
3G
2G
4G
None
Q20.
Responsibilites of a
business include…………………….
Economic
Responsibilities
Legal Responsibility
Ethical Responsibility
All of the Mentioned
Q21.
For creditors primary
expectation from business is……………………..
Safety and security
Compliance
Financial Returns
Creditworthiness
Q22.
Ethics is derived from
a Greek word Ethikos which means
Goodness
Honesty
Selflessness
Character
Q23.
. ………………….is the idea
that businesses should balance profit-making activities with activities
that benefit society
Code of conduct and
behavior
Business Ethics
Social responsibility
Corporate Citizenship
Q24.
With reference to
envronmental issues, corporations are often criticised with reference
to………………….
Water wastage
Global Warming
Natural resources
wastage
Usage of plastic
Q25.
…………………………….is not a
identifiable trend for CSR strategy
Higher Profit targets
Changing social expectations
Increasing Affluence
Globalization
Q26.
The term……………………... is
used even today to indicate good governance and peaceful society.
Ramarajya
Lokasamagraha
Sarvejano
Sukhinobavantu
Vasudaiva Kutumbakam
Q27.
Which of the following
is the component of Competition Act?
Anti-competitionAgreements
Abuse ofDominance
CompetitionAdvocacy
All of the above
Q30.
Companies raising
money through an IPO should disclose the uses and application of funds by major
category on a quarterly basis. This is a recommendation by……………………..committee
Naresh chandra
committee
Narayana Murthy Committee
report
Kumara Mangala Birla
Report
CII report on
Governance
Q32.
Bank has fixed of what
% of total deposit to be kept in physical cash on an average in a branch with
normal cashtransactions?
75
50
0.75
0.5
Q33.
CRR stands for……………………
Cash reserve ratio
Q34.
Vlaues helps making
decisions with reference to …………………
Right or wrong
Should and shouldn’t
Good or bad
All the three
Q35.
Government of India
set up a high-powered committee under the chairmanship of R.N. Malhotra, to
make recommendations for reforms in the………………. sector.
Insurance
Banking
Mutual fund
Capital markets
Q37.
Financial …...
involves the use of a false identity to obtain goods and services and a
commercial identity theft is the using of someone else’s business name or
credit card details for commercial purposes.
Identity Theft
Theft
None
Both
Q38.
An intergovernmental
economic organisation with 36 member countries, founded in 1961 to stimulate
economic progress and world trade is known as…………………….
Organisation for
Economic Cooperation and Development
World Trade
organisation
International Monetary
fund
Organization of the
Petroleum Exporting Countries
Q39.
. …………………..is not a
member country of the OECD
USA
United Kingdom
Japan
China
Q40.
Corporate Governance
is not about……………………
Profits
Fairness
Transperency
Accountability
Q41.
……. is the act of
attempting to acquire sensitive information like usernames, passwords and
credit card details by disguising as a trustworthy source
Fishing
Cypher
Phishing
None
Q45.
…. means alertness or
watchfulness.
Vigilance
Warning
Scrutiny
None
Q46.
….. was the
fourth-largest U.S. investment bank at the time of its collapse, with 25,000
employees worldwide in 2008.
Enron
Lehman Brothers
Scandal
None
Both
Q47.
IMF stands
for……………………..
Indian Monetary Fund
International Monetary
Fund
Indian Market Fund
International Mutual
Fund
Q48.
Never consider anyone
inferior is a lesson associated with………………
Vibhishana
Ravana
Hanuman
Vanara sena
Q49.
…... is any creative
work or invention considered to be the property of its creator.
Intellectual Property
(IP)
Copyright
Goodwill
Trade Mark
Q50.
Who was the chairman
of Satyam Computers during the scam?
Ramalinga Raju
Mukesh Ambani
Ratan Tata
Q1.
Allowing private
sector to enter the insurance field was………………………………..committee recommendation
Kumar Mangala Birla
Corporate Governance
Malhotra Committee
report
Naresh chandra
committee report
Which is fthe following is not step of code of ethics
Governet all
Q1.
Which accounts must be
kept in separate ledger under safe custody of manager?
Dormant/Inoperative
Operative
Inoperativ
Do into others as you would have them do to you is a teaching from
…………………………………is not an internal stakeholder for a business
hindu god Choose the path of righteousness is a value that can be associated with
not hanuman
CSR is a means of matching corporate operations with stakeholder values and demands, at a time when values and demands are constantly evolving. This approach is termed as
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