Ethics and Governance MCQs
Ethics and Governance MCQs
Ethics and Governance MCQs
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QUESTIONS
____ethics is the evalvation of business activites and behaviour as right or wrong.
Business
Professional
Mangerial
Personal
Business ethics refers to contemporary standards of values that the ___ and Behaviour.
Performance
Actions
Rules
Norms
Sexual harassment discrimination and hazardous working conditions are regulated by state and central government comes unde
Legal
Political
Social
Personal
The Aim of ethics in business is to create a _______ understanding of what is good or bad
Deeper
Wider
Extender
Protector
Consumer Protation Act _____is enancted to ensure that the business ethics is followed by the providers of goods and services.
1987
1988
1986
1984
Ethical exceutives are worthy of trust , demonstrate ,fidelity and ____ to persons and institutions.
Loyalty
Fariness
Justice
Equity
The government can encourage ethical behaviour by_______ it with tax breaks.
Legislative
supervisory
Incentivising
Responsibility
Ethics in the workplace is about prioritising _____value and ensuring that behaviour are aligned with those values .
Morale
Ethical
Legal
Authoritive
The consequences of _____ activity towards environment inside and outside the organisation.
Contribution
Compliance
Business
Abiding
Ethical executives seek to protect and build the companys good _____ and the morale.
Accountability
Reputation
Excellence
Leadership
SEBI issues public interest ________to enlighten investors on the basic features.
Publicity
Advertisements
Information
Notification
Good ethical behaviour will increase the ________ of both business as well as the bussinessman
Goodwill
Reputation
Brand
Image
People's behaviour is guided by moral rules and _____ that show how to behave
Governs
Obligations
Litigation
Prosecution
Ethical issues are concerned with the morality and ____ of our decision and its consequences.
Just
Satisfaction
Fairness
Goodness
______ Also known as comparative ethics is the study of people's beliefs abou morality
Meta ethics
Noumatic ethics
Applied ethics
Descriptive ethics
______ Refer to a person's personal values and codes of conduct.
Personal ethics
professional ethics
Business ethics
ethics
Personal values are the _______ of what an individual or a group regards as desirable
Formalise
Articulate
conception
philosophy
______Are those values and principles that are introduced to an individual in a professional organisation
Professional
personal
Business
Managerial
No gossiping, , time management , punctuality , confidentiality, transparency etc. comes under ________
Personal
professional
Business
Managerial
_____ Is a majorsector affecting how socially responsive an enterprise will be in the long term______
Personal
Professional
business
Managerial
Managerial ethics usually addrers two separate are principles and _______
Policies
Vendors
proprietory
executives
Enron is a peryat example of a_______ of managerial ethics
Breach
violations
curruption
fraud
Companies _______ a set of values and norms that are acknowledged by managers
Violating
objectives
establishing
ethics
The business of society which ______ ethics is likely to fail sooner or later
Fail
Disrespect
lacks
Disregard
D Ethics
B Actions
A Legal
D Maintenance
A Deeper
B Interrelated
B MRTP ACT
C 1986
C Environment
A Loyalty
C Trust
B Supervisory
C Incentivising
A Morale
B Compliance
A Contribution
C Business
A Religion
B Discipline
A Responsibility
B Workplace
B Reputation
B Fair
B Reputation
A Excellence
B Advertisements
C Guidelines
B Packaging
A Success
C Demonstrative
A Goodwill
A Morality
B Obligations
C Business
B Virtue
C Fairness
Cybernetic
A Human beings
A Meta ethics
B Normative ethics
C Applied ethics
D Descriptive ethics
A Personal ethics
C Conception
A Professional
A Personal
B professional
D Managerial
A Policies
B violations
C establishing
D Judging
A Trust
C lacks
A Behaviour
B Normative
C Applied
C Notions
A Public accountability
A Transational
B Participatory
C Recognition
S.no
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Question Text
____is an unethical marketing practice.
________ refers to sending of unsolicited emails to potential customers and encourging them to buy products and ser
_______ refers to promotion of banned products like cigarettes and alcohol.
_________ is defined as advertising that exaggerated statements about a product or service.
_________ is an arrangement through which some individuals or organisation reduce tax liability by illegal way.
________ is a practice by which a rival company attempts to associate its products with an event that already has off
___________ is a voluntary and self regulatory council established to promote responsible advertising and to enhanc
ASCI stands for _____________.
In marketing mix, packaging is a part of ____________.
________ refers to the extend of compliance of tax laws.
________ refers to minimization of tax liability without violating tax rules.
________ refers to crime committed either by a corporation or by individuals acting on behalf of a corporation.
The term "White collar crime" was give by_____________.
The term "White collar crime" was coined in the year_____________.
Crime committed by a person of respectability and high social status in the course of his occupation is called as_____
________ refers to crimes that can be either violent or non-voilent generally committed for profit motive.
_________ is a confident trick or confident game which is an attempt to intentialy mislead a person with a goal of ma
________ is a widely publicized allegation that damages the reputation of an institution or an individual.
_____ may be based on true or false allegations or a mixture of both.
_________ is known as the "Big bull" in stock market.
Securities Exchange Board of India (SEBI) was set up in the year____.
_________ is a person usually an employee, who exposes information or activity within a private, public, or governm
"Women is advertising portrayed as domestic servants" is an example of ______.
________ refers to the development and distribution of ecologically-safe products.
Cadbury committee was set up in the year__________.
Cadbury committee given recommendations on _________.
To promote good corporate governance, SEBI constitute__________ committee.
Robbery, theft, trafficking and smuggling is an example of_________.
Computer fraud, credit card fraud and mail fraud is an example of________.
Identify the economic corporate crime from the following.
There are________ classification of financial services.
____________ refers to mobilization and allocation of savings.
Targeting the ___________ audiences such as old age group, children, etc is an ethical issue in marketing.
Fake reimbursements is an example of ____________ .
Tax evasion is ________ act.
In marketing mix, Discounts and offers are the part of _________.
_________ refers to any product promise to deliver results without providing any scientific evidence.
___________ are a means to reduce volatily in stock exchanges.
Identify when was Whistle Blowers Protection Act was passed.
Economic corporate crimes are related to _________ fixing .
Tax avoidance eliminates ________liability .
Ethical issue in promotion is subject to _________and invasiveness .
___________leadership is a leadership that is directed by respect for ethical beliefs and values and for the dignity and
A__________of conduct is a set of organizational rules or standards regarding organizatinal values, beliefs and ethics
Employees change job primarily because of two reasons career _____________ and monetary benefits.
The cadbury committee was set up in May ____________ by the financial reporting council of the london stock exch
A board committee under the chairmanship of non executive director shall be formed to specifically look into the redr
A director shall not be a member of more than ____________ committees or act as chairman of more than five comm
Audit committee shall have minimum ____________members, all being non-executive directors.
__________ directors means directors, who apart from receiving director's remuneration, do not have any other mater
In case of non executive chairman, atleast, one third of the board should comprise of independent directors; and in cas
Securities and Exchange Board of India insists that every share application form is acompanied by _______ prospectu
Securities Exchange Board of India (SEBI) was set up in 1988 to regulate the functions of __________ markets.
The term "white-collar crime" was coined in 1939 by the sociologist ________
___________crime is a crime committed by a corporation or business entity or by individuals who are acting on beha
An illegal act, made to escape from paying taxes is known as _________ evasion.
Tax avoidance is completely lawful while tax _________ is considered as a crime in he whole world.
__________ is the set of activities that deals with the mangement of funds.
________ is "a misrepresentation, omission, or practice that is likely to mislead the consumer acting reasonably in the
____________ is a message designed to promote and persuade people to buy a product, a service, or an idea.
Which among the following is not an ethical issue in product ?
___________ advertising is a form of advertising which is used to promote regulated products, like ciggarettes and al
___________ refers to secretly taking money that is your care for official work, being used for personal work.
What can negatively affect workplace ethics ?
Which of the following is not true about code of conduct ?
Ethical leaders see followers as __________.
Ethical leaders give importance to __________.
Which of the following is an ethical concern in HRM ?
__________ means to imitate something authentic with an intention to steal, destroy or replace or to decieve individu
________ pricing is the illegal act of setting prices low to attempt to eliminate the competition.
__________ ethics refers to a systematic study of how moral standards are applied to marketing decisions, behaviour
Option 1 Option 2
Surrogate advertising Being Transparent
Hacking Bad mouthing
Surrogate advertising Spamming of messages
Surrogate advertising Spamming
Tax evasion Whistel blowing
Green marketing Ambush marketing
ASCI SEBI
Advertising standard council of India Indian advertising council
Place Promotion
Ethics in finance Ethics in taxation
Tax avoidance Tax minimisation
Organised crime Individual crime
Edward Freeman Edwin Sutherland
1925 1940
White collar crime Corporate crime
Corporate crime Individual crime
Insider trading Scam
Scandal Allegation
Scam Whistel blowing
Harshad Mehta Ramalinga Raju
2008 1958
Inside trader White collar crime
Surrogate advertising Sterotyping
Social marketing Digital marketing
1999 1991
Corporate governance Whistel blower protection
Sachar committee Kumar Mangalam Birla
White collar crime Corporate crime
White collar crime Corporate crime
Violence against workers Price fixing
2 3
Financial services Financial accounting
Vulnerable Demographic
Ethicsal issues in finance Ethical issues in production
Legal mistake
Place Promotion
Unverified claims Sterotyping
Insider trading Circuit breakers
2000 2011
brokerage labour
fees wages
deception creditors
Ethical Unethical
book set
growth decline
1600 1700
creditors investor grievance
2 10
four five
Independent Dependant
1 half
useless abridged
wholesale securities
Marlow Edwin Sutherland
Debtor Corporate
creditors debtors
exemption evasion
Deception Advertising
Advertising Deception
Deception Advertising
Predatory pricing Poor design
Subliminal Surrogate
Embezzlement Bribery
Mentoring the employees Nurture talents
It is mandatory It is written
Leaders Stakeholders
Rules Profit
Discrimation Deceptive ads
Forgery Counterfieting
Discriminatory Skimming
Marketing Advertising
Option 3 Option 4
Protect Consumer Data And Privacy Respond meaningfully to consumer concerns
Spamming of messages Surrogate advertising
Deceptive adverising Misleading advertising
Deceptive advertising Puffery advertisement
Tax avoidance Insider trading
Social marketing Environmental marketing
IRDA RBI
International advertising council Advertising council of India
Product Price
Ethics in accounting Ethics in human resource
Tax evasion Tax reduction
Corporate crime White collar crime
John Joseph Milton Friedman
1939 1980
Organised crime Blue collar crime
Insider trading Organised crime
Whistle blowing Scandal
Scam Insider trading
Scandal Insider trading
Ketan Parekh C R Bhansali
1988 1995
Spy Whistel Blower
Puffery Unverified claims
Green marketing Innovative marketing
1995 1990
Corporate restructuring Corporate social responsibility
Kothari committee Sarkaria committee
Blue collar crime Organised crime
Organised cirme Blue collar crime
Violence against consumers Corporate pollution
6 5
Financial management Financial instruments
Opportunist Contests
Ethical issues in marketing Ethical issues in Human resources
Error Criminal
Price Product
Puffery Surrogate
Circuit trading Campaign financing
2012 2015
wages price
salary tax
debtors bank
Useless Bad
philosophy code
loss demerit
1800 1991
debtors workers
3 4
three six
Associate Functional
0.75 0.8
bad uneven
retail vegetable
Maslow Luca Pacioli
Creditor Machine
tax labourers
assessment credit
Finance Marketing
Finance Marketing
Finance Marketing
Poor packaging Unsafe ingredients
Misleading Celebrity
Extortion Insider trading
Set same rules and regulations for all Strict supervision
Set rules Brings discipline
Care takers Torch Bearers
Good character People
Poor packaging Tax evasion
Blackmail Embezzlement
Penetration Predatory
Normative Meta
Correct answer
Option 1
Option 3
Option 1
Option 4
Option 1
Option 2
Option 1
Option 1
Option 3
Option 2
Option 1
Option 3
Option 2
Option 3
Option 1
Option 4
Option 2
Option 1
Option 3
Option 1
Option 3
Option 4
Option 2
Option 3
Option 2
Option 1
Option 2
Option 4
Option 1
Option 2
Option 1
Option 1
Option 1
Option 1
Option 4
Option 3
Option 1
Option 2
Option 2
Alternative
Alternative 4
Alternative 1
Alternative 1
Alternative 4
Alternative 1
Alternative 4
Alternative 2
Alternative 2
Alternative 3
Alternative 1
Alternative 2
Alternative 2
Alternative 2
Alternative 2
Alternative 2
Alternative 3
Alternative 2
Alternative 3
Alternative 2
Alternative 2
Alternative 1
Alternative 2
Alternative 1
Alternative 4
Alternative 1
Alternative 2
Alternative 3
Alternative 1
Alternative 2
Alternative 4
Alternative 2
S.no Question T
1 ___________
2 According
3 The Committee on the Financial Aspects of Corporate Governance, better known as the _____________, w
4 Objectives
5 Core Princ
6 Benefits o
7 Stakeholde
8 What is th
9 __________r
10 __________ refers to the illegal practice of trading on the stock exchange to one's own advantage through
11 There are many committees in Corporate Governance. The _________ committees oversee the system of in
12 There are many committees in Corporate Governance. The _________ assist and advise the Board on matt
13 Cadbury C
14 _________th
15 The ____________ theory of corporate governance focuses on the effect of corporate activity on all identif
16 The __________ theory of corporate governance is a framework which argues that people are intrinsically
17 There are a
18 Under the ____________ Model of corporate governance, the shareholder rights are recognised and given
19 The Anglo
20 Under the ____________ Model of corporate governance it is believed that workers are one of the key stak
21 Countries
22 The key pl
23 The Indian
24 Clause ___
25 _______in
26 Clause 49 of the Listing Agreement to the Indian stock exchange comes into effect from 31 st December 200
27 Clause VI (
28 __________
29 Provisions
30 Grievance r
31 A committe
32 Code of co
33 _______ Is
34 corporate g
35 In order to
36 Core princi
37 CII code fo
38 SEBI to con
39 SEBI implem
40 in August 2
41 _______ med
42 An agency, i
43 ________ rel
44 Agency theo
45 Under the s
46 The steward
47 Stakeholder
48 In German m
49 in German m
50 in Japanese
51 the model o
52 ________ re
53 _______ is t
54 insider tra
55 Insider tra
56 Insider tra
57 SEBI act pro
58 The SEBI Ca
59 Which of th
60 The pivotal
61 Criminal of
62 The Framewo
63 4 Ps have be
64 SEBI Has se
65 _________ R
66 Satisfied s
Option 1
a) Corporate Governance
a) Fairness, transparency and accountability
a) Malhotra Committee
a) Protect stakeholder’s interest
a) Accountability
a) Conflicts of interest is created
a) Shareholders
a) The composition of the Board of Directors
a) Whistle blowing
a) Red Herring
a) Remuneration
a) Remuneration
a) There must be a clear division of responsibilities at the top, that the position of board is separated from CEO
a) Agency
a) Agency
a) Augmented
a) Shareholders
a) Anglo-American Model
a) Shareholder
a) Anglo-American Model
a) India
a) Bank
a) Private Company
a) 49
a) Keiretsu
a) Listed Companies
a) Stock Exchange
a) Remuneration Committee
a) One
a) Nomination Committee
a) Union Government of India
a) Annual Reports
Corporate governance
Limited
Training
Capacity, accountability, responsibility and transparency
Kumar Mangalam Birla
Kumar Mangalam Birla
49
Kumar Mangalam Birla
Print
Creditor
Creditor
Agent, principals
Government
Investors
shareholders
the supervisory, management
75%
Central Bank, Creditors, Government, Shareholders
Anglo American, Australia
Legal Trading
Information
Company, Emloyee
Blue Collar
SBI
5 lacs
6
Acceptability
Board of directors
competitive trading
Nestle Committee
people, purpose, process and performance
SEBI complaints redressal system
stakeholder theory
leave the organisation
Option 2
b) Board of Directors
b) Diversification & Responsibility
b) Cadbury Committee
b) Ensure support of stakeholders
b) Transparency
b) Ethics violations is permitted
b) SEBI
b) Improved Band image of the company
b) Insider Trading
b) Sinification
b) Advisory
b) Executive
b) Remuneration committee for BOD must be made
b) Stakeholders
b) Stakeholders
b) Stakeholders
b) Employees
b) German Model
b) Director
b) German Model
b) America
b) Management
b) Public Company
b) 50
b) Shokumotsu
b) Private Companies
b) Government of India
b) Audit Committee
b) Two
b) Audit Committee
b) World Banks
b) Indian Companies Act, 2013
Training
Domestic
Audit
fairness, accountability, responsibility and Tally
Rahul Bajaj
Narayana Murthy
14
Naresh Chandra
social
Board of director
Owner
Agent & Creditors
Company executives
Bank
Debtors
Excecutive & Management
15%
Bank, Investors, Government, Shareholders
Anglo American, Japanese
insider trading
Legal Trading
Governmen , company
white collar
RBI
6 lacs
5
Accountability
Shareholders
ethical trading
Thornton Committee
people, purpose, process and product
SEBI corporate redressal system
shareholder theory
demonstrate loyalty to the organisation
Option 3
c) Statutory Reports
c) Statutory Compliance
c) Narsimham Committee
c) Retrench and refrain benefits to employees
c) Fairness
c) Concentrates power in the hands of few
c) Customers
c) Better risk management techniques
c) Underwriting
c) Insider Trading
c) Audit
c) Audit
c) No transparency should be made in any corporate matter
c) Stewardship
c) Stewardship
c) Stewardship
c) Directors
c) Japanese Model
c) Employee
c) Japanese Model
c) Holland
c) Keiretsu
c) Public sector undertakings
c) 75
c) Gemu
c) One Man Companies
c) Ministry of Corporate Affairs
c) Shareholders Grievance Committee
c) Three
c) Shareholders Grievance Committee
c) SEBI
c) Clause 49 of the Listing Agreement
Development
Local
Corporate
fairness, accountability, responsibility and transparency
Narayana Murthy
Laxmi Mitthal
24
Narayan Murthy
outdoor
Government
Agency
Government & Company
Debtors
Creditors
Investors
Employee & Directors
50%
Bank, affiliated company, management, government
German, Japanese
Information
insider trading
Governmen , Investors
Legal
NABARD
7 lacs
one or more
Openness
Government
fraudulent trading
Rowntree Committee
people, product, process and performance
SEBI companies redressal system
corporate governance
gossip about organisation
Option 4
d) Clause 49
d) Window dressing
d) Dolphie Committee
d) Long term growth and stability
d) Reporting
d) Stakeholder benefits largely
d) Suppliers
d) Reduction in wastage and improved efficiency
d) Ethical Hacking
d) Coding
d) BOD
d) Nomination
d) Board must appoint an Audit committee with at least three members of non-executive directors
d) Resource dependency
d) Shareholders
d) Motivational
d) Government
d) Indian Model
d) Government
d) Indian Model
d) Japan
d) Outside stakeholder
d) Joint ventures
d) 3
d) Fartesku
d) Joint Ventures
d) Public open press
d) Advisory Committee
d) Four
d) Advisory Committee
d) UNESCO
d) Income Tax Return
CSR
Universal
Standard
fairness, accountability, standard and transparency
Laxmi Mitthal
Rahul Bajaj
50
Laxmi Mitthal
Broadcast
agent
Debtors
Company & BOD
Bank
shareholder
employee
Debeture & management
100%
Customers, Investors, Government, Employee
Anglo American, German
Data
Data
Insider, outsider
Outsider
SEBI
8 lacs
8
Integrity
Stakeholder
monopolistic trading
Cadbury Committee
people, peace, process and performance
SEBI complaints regulation system
policies
Seek not conductedt o change thing in the organisation
Correct answer
A
A
B
C
D
D
B
A
A
C
C
A
C
A
B
C
B
A
A
B
C
D
D
A
A
A
A
B
D
C
C
A
A
D
C
C
B
A
A
C
B
D
C
A
B
D
A
A
C
C
D
B
C
D
B
D
A
C
A
A
C
D
A
A
C
B
S.no Question Text Option 1 Option 2 Option 3
1 CSR entered the popular lexicoMovement India Businessman
2 The ____ brought the applicati 1980s 1970s 1969s
3 India has a long traditional of Process paternalistic motives
4 The ___ responsibility of businLaws Legal Ethical
5 It is important to note that the desires families society
6 The facets and dimensions of coBusiness Stake holders social
7 It is the primary responsibility dividend return employess
8 Doing something for society ,s long term short term medium term
9 CSR should not be viewed as asuppliers resources community
10 CSR cannot be an additional extcore fast developing
11 Friends of the earth is calling corporate accountability trade unions fundamental
12 ____is a proposal for sustainin Social contract country CSR
13 CSR_______ are the accepted intended creed principles
14 Sustainability implies that soc defined concering assuming
15 Transparency , in principle , m communicated compliance principles
16 Practitioners of CSR stress the Corporation cost effective CSR
17 Corpoarte fall under different strategy continuum strategies policy
18 The concept of corporate socialagenda action overcome
19 Human Rights _________ are chuman rights Violations
20 There is a _____ of interest of lack exists way
21 There is a lack of _______ amoconsensus houses abilities
22 __________ social accounting ralph
is estes salivary kohler
23 ___________ is concerned withSocialt accounting community based organisation
24 _________ aims to (eventually)comprehensive participatory comparative
25 Employess benefits and servicesalary and wages educational canteen
26 Social _______ analysis is a te cost benefit annual reports workforce
27 _________-- is a respected corpTata Group Tata steels CSR
28 ____ Beyond Borders programme Buildings
r borders Enterpreneurs
29 __________ is an area of speciEducation promotion tribal
30 The preservation and promotionculture heritage support
31 The ______________laid the emp sachar committee emphasis social
32 A majority of the populationof urban
t rural social
33 Most MNC's do not develop ____ technologies foreign development
34 Most______ adopt capital - intMNCs key local
35 The country into which you ar human rights ethical foreign
36 Since the sachar committee Repo 1988 1978 1968
37 The companieson whomthe provis 2013 2014 2015
38 The Board's report shall discl Policy Compositions Committee
39 A brief outline of the companycomprehensive Compositions policy
40 In case the company has failed 3%t 2% 1%
41 The ____ in CSR should be proje Investment organsations specialised
42 Reducing child mortality and i balance welfare natural
43 The tax treatment of CSR spent1962 1963 1961
44 The Company Board of Directors two three four
45 The ______of corporate social Penetration
re Companies social
46 The Most significant ______consCulture psychological india
47 ________has both for and aginGlobalisation developing workshop
48 The society's expectations fro changed claim resources
49 In order to avoid scams and fi Training Audit Corporate
50 Core principles of good corpo Capacity, accountability, res fairness, accountabilifairness, accounta
Option 4 Correct answer
Industry Businessman
1971s 1980s
rural paternalistic
good Legal
CSR society
government Stake holders
equity dividend
term long term
benefit resources
theory core
concept corporate accountability
Action Social contract
plan principles
regenerated regenerated
customary communicated
AIM cost effective
costs strategy continuum
key agenda
CSR Violations
assess lack
profits consensus
D.Crowther kohler
NGO'S Social accounting
regular comprehensive
benefits salary and wages
social benefits cost benefit
Stakeholders Tata Group
CSR Buildings
culture Education
sales heritage
economic sachar committee
economic rural
capital technologies
business MNCs
technology human rights
1985 1978
2016 2013
company Compositions
projects policy
6% 2%
section Investment
Maternal Maternal
1964 1961
five three
organsations Penetration
extensive psychological
world Globalisation
displaced changed
Standard Corporate
fairness, accountafairness, accountability, responsibility and transparency