Top 150+ Solved Auditing Corporate Governance MCQ Questions Answer
Q. Satyam computer services Ltd. was founded in 1987 by RamalingaRaju and his brother as aprivate company with just
a. 10 employees
b. 25 employees
c. 20 employees
d. 15 employees.
Q. What is meant by the phrase CSR?
a. Corporate Social Responsibility
b. Company Social Responsibility
c. Corporate Society Responsibility
d. (d)Company Society Responsibility
Q. Which of the following does the term Corporate Social Responsibility relate to?
a. Environment practice
b. Ethical conduct
c. Human rights & employee relation
d. All of the above
Q. Which is the element of business ethics?
a. A discipline
b. It is an art & science
c. Good intention
d. All of the above
Q. The major aspects of environmental sustainability are:
a. Role of packaging
b. Role of clean energy
c. Role of environmental reporting
d. All of the above
Q. Section 135 of the Companies Act 2013 provides that the constitution of CSR committee is mandatory in company having a net worth of
a. Rs 100 crore
b. Rs 500 crore
c. Rs 600 crore
d. Rs 300 crore
Q. The CSR committee must be composed of
a. 3 or more Directors
b. Only 1 director
c. 2 Directors
d. No Director
Q. Which of the following is not a role of the CSR committee?
a. Formulate a CSR Policy indicating the activities as per Schedule VII to the Act
b. Recommend the policy to Board of the Company
c. Does not have outside relationships with other directors
d. Recommend the amount of expenditure on the activities
Q. Which of the following CSR provision is not applicable as per sec 135 of the Companies Act 2013?
a. Companies having net worth of rupees 500 hundred crore or more
b. Companies having turnover of rupees 1000 crore or more
c. Companies having net profit of rupees 5 crore or more
d. None of the above
Q. Business approach that creates long term value for the company by incorporating economic, environmental and social dimensions into its core business decisions
a. Corporate philanthropy
b. Corporate Sustainability
c. Corporate Social Responsibility
d. None of the above
Q. The business ethics is also known as
a. Corporate philanthropy
b. Corporate Social Responsibility
c. Corporate Ethics
d. None of the above
Q. Which of the following is ingredients of environmental CSR?
a. Elimination of waste and emission
b. Maximizing energy efficiency
c. Minimizing practices that may adversely affect use of natural resources
d. All of the above
Q. Which of the following activities can be done by the company to achieve itsCSR obligations?
a. Eradicating extreme hunger and poverty
b. Promotion of education
c. Promoting gender equality and empowering women
d. All of the above
Q. The functions of the CSR Committee
a. Formulate and recommend to the Board
b. Recommend the amount of the expenditure to be incurred on the activities referred to in clause(a)
c. Monitor the CSR Policy of the company from time to time
d. All of the above