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 is the meaning of “dumping” in international trade?

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

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What is meant by “liquidity trap”?

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What is the significance of “Purchasing Power Parity” (PPP)?

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Which of the following is an example of a capital receipt for the government?

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Which of the following is a characteristic of “perfect competition”?

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What is meant by “crowding out” in economics?

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What is the “law of diminishing marginal utility”?

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What does the “Phillips Curve” show?

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Which of the following is a feature of a command economy?

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