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 “Laissez-faire” policy advocate?

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

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What is the main objective of disinvestment in public sector undertakings (PSUs)?

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What is the term for goods that are used together, such as cars and fuel?

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What is the primary goal of a progressive tax system?

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What is “CRR” in banking terminology?

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Which of the following best describes “capital formation”?

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

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Which of the following is an example of a public sector undertaking (PSU) in India?

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What is the objective of the Pradhan Mantri Jan Dhan Yojana?

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