B.Com In Banking & Insurance (BCBI) Sem V 2023 2024 Dec 2024 I BUSINESS ETHICS & CORPORATE GOVERNANCE Question Paper - Mumbai University | munotes

Questions asked in this paper

• 2) Figures to the right indicate marks

1. Q1 a) Multiple Choice Questions: (Any Eight) 8 marks
   • 1. is the philosophical study of moral values and rules
   • (a) Morality (b) Ethics (c) Law (d) all of the above
   • 2. The word 'governance’ comes from the root to steer
   • 3. Which of the following is Personal ethics:
   • (a) Honesty and Integrity. (b) confidentiality and objectivity
   • (c) Transparency and accountability (d) all of the above framework for establishing good corporate governance and accountability was originally set up by the
   • 5. Primary responsibility for preventing fraud in an organisation is on
   • (a) Audit committee (b) Board committee (c) Remuneration committee (d) All of the above
   • 6. constituted a meeting on January 2000, based on recommendations of Kumar Mangalam Birla Committee on Corporate Governance
   • 7. The first Global Compact Leaders' Summit was on
   • 8. Clause 49 has laid down more stringent qualification criteria for those who are independent
   • (a) Clause 410 (b) Clause 49 (c) Clause 48 (d) None of the above
   • 9. The word Ethics is derived from the Greek word which means custom, usage or
   • 10. The must monitor a company's financial reporting process and financial
   • (a) audit committee (b) BOD (c) CEO (d) None of the above Paper Subject Code: 44307 Business Ethics and
2. Q1 b) State True or False (Any Seven) 7 marks
   • 1. The Board of Directors must protect the rights of the Stakeholders
   • 2. SEBI monitors corporate governance of listed companies through Clause 49
   • 3. Anglo American model also called as two tier board model
   • 4. IRDA Protection of Policyholders' Interests (PPHI) Regulations, 2012 governs policy
   • 5. The Quran, the religious text of Islam
   • 6. In the Indian financial system the SEBI regulates and monitors the corporate governance of listed companies in Indian through clause 49
   • 7. Conflicts of interest among corporate governance participants are referred to as an agency
   • 8. The Global Compact Office is supported by six UN agencies
   • 9. Culture is the ultimate force on ethics
   • 10. Ethics is guided by moral principles
3. Q2 a) Distinguish Moral and Ethics 8 marks
   • b) Mention ethical issues relating to copyrights Q Define Business Ethics. What are its features? (08) 7
   • d) What is ethics in Foreign Trade. 7
4. Q3 a) What are the different types of ethics according to the functions of business? 8 marks
   • b) How ethical principles applied in a business goes to strengthen business reputation 7
5. Q3 c) Describe criticism of Trusteeship Principle in Modern Business 8 marks
   • d) What is Code of Ethics? Explain Major trends in Code of Ethics 7
6. Q4 a) What are the objectives of corporate governance and list some good corporate
   • b) Elaborate Stakeholders theory in detail 7
7. Q4 c) Discuss the teaching from the Bhagwat Gita 8 marks
   • d) Elaborate how Accounting Standard and accounting disclosure are interrelated 7
8. Q5 a) Mention the role of SEBI in corporate governance 8 marks
   • b) Explain types of corruption and measures to reduce corruption 7
9. Q5 Write short notes on :- (Any 3) Zero tolerance of corruption 15 marks
   • iv. Unethical behaviour in business
   • v. Ethical issues in Perfect competition market

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