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 “disguised unemployment”?

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

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What is meant by “structural unemployment”?

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What does the term “elasticity of demand” measure?

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What is the “law of diminishing marginal utility”?

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

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

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What is meant by “credit rating”?

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What is the purpose of the "Minimum Support Price" (MSP) in India?

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What is a “repo rate”?

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