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

Which of the following measures can reduce a trade deficit?

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What is “inflation targeting”?

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

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What is the main aim of Public Distribution System (PDS) in India?

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What is the primary role of the Securities and Exchange Board of India (SEBI)?

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What does the term “national income” refer to?

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What is meant by “stagflation”?

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What is the meaning of “dumping” in international trade?

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What is meant by “monetary policy”?

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What is the Phillips Curve?

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