Q. The four pillars /principles of corporate governance
✅ Correct Answer: (A)
Accountability, fairness, transparency and independence
Auditing Corporate Governance MCQs and Notes
Q. Corporate governance code in the United Kingdom was set up in 1992 by the
✅ Correct Answer: (C)
Cadbury Committee
Q. Which of the following is the major corporate collapses arising out of scam in India
✅ Correct Answer: (A)
Kingfisher Airlines
Q. Which of the following statement is most appropriate regarding common governance problems in corporate failures
✅ Correct Answer: (D)
All of the Above
Q. Which of the following is not related to corporate governance reforms in India?
✅ Correct Answer: (D)
Banking Regulation Act, 1949.
Q. Which of the following committee is appointed under the initiative of Government of India on corporate governance?
✅ Correct Answer: (B)
Naresh Chandra Committee
Q. In which of the following countries German Model of corporate governance is not prevalent
✅ Correct Answer: (C)
Poland
Q. Which of the following is not a model of corporate governance?
✅ Correct Answer: (B)
English model
Q. The primary stakeholders are
✅ Correct Answer: (C)
Shareholders.
Q. Directors service contracts should not exceed three years without shareholder‟s approval
✅ Correct Answer: (A)
Cadbury Report