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» Corporate Governance solved MCQs

Fraudulent trading may be

Question:

Fraudulent trading may be

A.

a criminal offence committed only by directors of a limited company

B.

a civil and a criminal offence committed by an employee

C.

a civil and a criminal offence committed only by directors of a limited company

D.

a civil offence committed by an employee

Answer» b. a civil and a criminal offence committed by an employee

Note: The above multiple-choice question is for all general and Competitive Exams in India

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» Corporate Governance solved MCQs

According to section 179 which one of the following is a power of director?

Question:

According to section 179 which one of the following is a power of director?

A.

To buy back its shares

B.

Sell lease or otherwise dispose of the undertakings of the company

C.

Remit or give time for the repayment of any debt due by a director

D.

Making political contributions exceeding specified limits

Answer» a. To buy back its shares

Note: The above multiple-choice question is for all general and Competitive Exams in India

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Disqualification of directors may result from breaches under the

Question:

Disqualification of directors may result from breaches under the

A.

Health and Safety Act

B.

Financial Services Act

C.

Sale of Goods Act

D.

Companies Act

Answer» d. Companies Act

Note: The above multiple-choice question is for all general and Competitive Exams in India

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» Corporate Governance solved MCQs

According to clause 49 on independent directors. What should be minimum age of independentdirector.

Question:

According to clause 49 on independent directors. What should be minimum age of independentdirector.

A.

21

B.

22

C.

23

D.

24

Answer» a. 21

Note: The above multiple-choice question is for all general and Competitive Exams in India

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Directors responsibilities are unlikely to include

Question:

Directors responsibilities are unlikely to include

A.

a duty to keep proper accounting records

B.

a fiduciary duty

C.

a duty to propose high dividends for shareholders

D.

a duty of care

Answer» c. a duty to propose high dividends for shareholders

Note: The above multiple-choice question is for all general and Competitive Exams in India

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A director of a limited company may not be liable for wrongful trading if he or she

Question:

A director of a limited company may not be liable for wrongful trading if he or she

A.

increased the valuation of its inventories to cover any potential shortfall

B.

brought in some expected sales from next year in to the current year

C.

took every step to minimise the potential loss to creditors

D.

introduce into the balance sheet an asset based on a valuation of its brands sufficient to meet

Answer» c. took every step to minimise the potential loss to creditors

Note: The above multiple-choice question is for all general and Competitive Exams in India

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» Corporate Governance solved MCQs

Which of the following does the term Corporate Social Responsibility relate to?

Question:

Which of the following does the term Corporate Social Responsibility relate to?

A.

Ethical conduct

B.

Environmental practice

C.

Community investment

D.

All of the above

Answer» d. All of the above

Note: The above multiple-choice question is for all general and Competitive Exams in India

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which one is the dimension(approach) of corporate social responsibility?

Question:

which one is the dimension(approach) of corporate social responsibility?

A.

Corporate philanthropy

B.

Stake holders priorities and sustainable development

C.

Ethical business

D.

All of the above

Answer» d. All of the above

Note: The above multiple-choice question is for all general and Competitive Exams in India

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» Corporate Governance solved MCQs