Topic Details (Notes format)

Corporate Governance and Ethical Business

Subject: Economics

Book: Comprehensive Indian Economy - Additional Topics

Robust corporate governance safeguards minority shareholders, promotes transparency, and fosters accountability in boards and management. SEBI’s regulations, Clause 49 guidelines, and the Companies Act amendments anchor best practices. Exams might cover the role of independent directors, audit committees, and whistleblower policies. Effective governance also ties into ESG (environment, social, governance) criteria, reflecting investor demand for ethical operations.

Practice Questions

What does the term "depreciation" refer to in the context of assets?

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What is the Phillips Curve?

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Which of the following is an example of a non-renewable resource?

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What does “Laissez-faire” policy advocate?

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Which is the largest source of tax revenue for the Government of India?

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What does “inclusive banking” mean?

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Which of the following is NOT an example of an indirect tax?

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What is the main purpose of monetary policy?

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Which of the following is a direct tax?

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Which term refers to the decrease in the value of a currency relative to foreign currencies?

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