Assertion (I) : A sick industry is one which is not healthy in terms of its financial management.
Assertion (II) : A unit which has incurred cash losses for one year and it is likely to continue to incur cash loss for current year as well as for following year is considered to be a sick unit.
| A. | Assertion (I) only is correct. |
| B. | Assertion (II) only is correct. |
| C. | Assertion (I) and (II) both are incorrect. |
| D. | Assertion (I) and (II) both are correct. |
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Option: D Explanation : Click on Discuss to view users comments. |
Which of the following is/are eligible to get the benefit under the scheme of "Rehabilitation of Sick Enterprises" by the Government of India?
| A. | Micro sick unit |
| B. | Small sick unit |
| C. | Medium sick unit |
| D. | All of the above |
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Option: D Explanation : Click on Discuss to view users comments. |
| A. | (iv) (ii) (iii) (i) |
| B. | (iv) (i) (ii) (iii) |
| C. | (i) (iii) (ii) (iv) |
| D. | (iv) (iii) (i) (ii) |
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Option: B Explanation : Click on Discuss to view users comments. |
| A. | Assistance to Training Institutions (ATI) |
| B. | Credit Linked Capital Subsidy (CLCS) |
| C. | Credit Linked Assets Subsidy (CLAS) |
| D. | ISO 9000/ ISO 14001 Certification Reimbursement |
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Option: C Explanation : Click on Discuss to view users comments. |
The enforcement mechanisms foll owed in respect of implementation of corporate governance practices are indicated below. Choose anyone of the mechanism which is not included in corporate governance practice.
| A. | Clause 49 of the Listing Agreement |
| B. |
Directors responsibility sta tement, appointment of independent directors, audit conunittee and internal check
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| C. |
Corporate governance compliance certificate, audit committee report, appointment of woman director
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| D. |
Formulation of mission sta tement, appointment of a whistleblower, contents of red herring prospectus
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Option: D Explanation : Click on Discuss to view users comments. |
