1. ----is concerned with holding the balance between economic and social goals and between
individual and communal goals.
(a) Corporate Management (b) Corporate governance (c) Business ethics (d) None
2. In which year the Adrian Cadbury Committee on corporate governance was appointed?
(a) 1991 (b) 1996 (c) 1980 (d) 2000
3. CII stands for:
(a) Confederation of Indian Industries (b) Condition of Indian Industries
(c ) Classes of Indian Industries (d) Civilians of Indian Industries
4. According to Birla Committee on Corporate Governance, the nonexecutive directors should
comprise at least------ per cent of the Board, if one of them is the chairman:
(a) 30% (b) 20% (c) 10 % (d) 70%
5. According to Birla Committee, the non-executive directors should comprise at least -------- percent of
the Board, if the Chairman and managing director is the same person.
(a) 50% (b) 20% (c) 10 % (d) 20%
6. ------- is concerned with the withdrawal of State from an industry or sector, partially or fully.
(a) Liberalization (b) Modernization (c) Privatization (d) Globalization
7. Who is responsible for presenting the Union Budget before the Parliament?
(a) Prime Minister (b) Finance Minister (c) RBI Governor (d) None of the these
8. ---------is concerned with all current expenditure of the Govt. on administration:
(a) Revenue expenditure (b) Capital expenditure (c) Total Expenditure (d) None
9. Which Govt. introduced the concept of ‘Rolling Plan’
(a) Manmohan Govt. (b) Vajpayee Govt. (c) Janatha Govt (d) Rao Govt
10. From which five year plan ‘growth with social justice’ has received added emphasis?
(a) 5th (b) 4th (c) 3rd (d) 6th
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