IBPS PO General Awareness: Corporate Governance questions with solutions

Q1. Who has been appointed as the new Chief Executive Officer and Managing Director (CEO & MD) of Infosys Limited?

1. Inderpreet Sawhney
2. Jayesh Sanghrajka
3. Salil Parekh
4. Krishnamurthy Shankar

Answer: Salil Parekh

Salil Parekh was appointed as the CEO & MD of Infosys Limited. He is a prominent IT executive and was chosen to lead the company after the leadership change.

Q2. Identify the theory of corporate governance that is based on the perception that a corporation, for its effective functioning, has to forge a number of relations with different people and institutions including suppliers, consumers, employees, and government.

1. Stewardship Theory
2. Stakeholder Theory
3. Agency Theory
4. Feedback Theory

Answer: Stakeholder Theory

Stakeholder Theory states that a corporation must consider the interests of all groups that affect or are affected by its operations. These include suppliers, customers, employees, government, and society. This matches the description in the question.

Q3. If a company or director wants to create a mechanism for the resolution of matters involving 1,000 stakeholders or more, what is this mechanism called?

1. Resolution Committee
2. Advisory Board
3. Stakeholder Committee
4. Governance Committee

Answer: Stakeholder Committee

A mechanism created to resolve matters involving 1,000 or more stakeholders is called a Stakeholder Committee. It is specifically meant to address stakeholder concerns and related resolutions. The other options are broader or unrelated governance bodies.

Q4. According to SEBI, companies eligible for CSR shall constitute a Corporate Social Responsibility Committee of the Board consisting of _A_ or more directors, out of which at least _A_ directors shall be independent. Identify A from the following options.

1. 1
2. 2
3. 3
4. 4

Answer: 3

The CSR Committee of the Board is required to consist of three or more directors, with at least one independent director in many cases. Therefore, the value of A is 3.