JUNE 2013 - Paper 2

46:  
Which among the following is not correct with regards to Clause 49 of SEBI Act?
A.
It came into effect from 31st December 2005.
B.
Clause 49 is related to the Listing Agreement to the Indian Stock Exchange.
C.

It desires 50 percent independent Directors.

D.

None of the above

 
 

Option: D

Explanation :

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47:  
Which of the following powers of Directors cannot be exercised without the consent of shareholders in General Meeting?
A.

Power to make calls on shareholders

B.

Power to make loans

C.

Power to buy back its shares

D.
Power to borrow monies exceeding the aggregate of the paid-up capital of the company and its free reserves.
 
 

Option: B

Explanation :

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48:  
The professional having high ranking and trained to uphold the highest standard and effective operations, compliance and administration as corporate governance, is known as
A.

Directors of Company

B.

Chairman of Company

C.

Company Secretary

D.

Shareholders

 
 

Option: D

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49:  
Governance is the system of values, policies and institutions by which a society manages its economic, political and social affairs through interactions within and among the state, civil society and private sector is defined by
A.

World Bank

B.

UNDP

C.

European Commission

D.

None of the above

 
 

Option: B

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50:  
Match the following with regards to environmental ethical issues:

 a. Ozone Depletion

1. Lead Poisoning

 b. Environmental Health

2. Deforestation

 c. Logging

3. Food controversies

 d. Genetic Engineering

4. CFC

   

 

A.

a   b   c   d

4   2   1   3

B.

a   b   c   d

4   1   2   3

C.

a   b   c   d

4   3   2   1

D.

a   b   c   d

4   3   1   2

 
 

Option: C

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