CS Professional Governance, Risk Management, Compliances and Ethics PYQ December 2023: Question Paper and Available Answers
CS Professional
Governance, Risk Management, Compliances and Ethics
PYQS Series
December 2023
32 Questions Indexed
ICSI Examination Archive & Suggested Answers: This directory contains indexed questions from the paper for CS Professional Governance, Risk Management, Compliances and Ethics PYQS (December 2023). Open the source paper and available answers. Older sessions follow the syllabus and statutory provisions applicable to their examination year.
Indexed questions
- Bandhan Limited is a Public Limited Company which was incorporated in year 2014. The paid up share capital and bank borrowing of the company for the year ended on 31 st March, 2023
- MNO Limited is an unlisted public limited company having 7 directors on its board. Key financial information of MNO Limited as per audited financial statement for financial year en
- S Limited is a newly incorporated public limited company. The board of directors of the company has no specific clarity regarding the various issues of Secretarial Standards (SS 1)
- At present there are 9 directors, out of which office of the 2 directors have fallen vacant, what is the minimum number of directors that are required to form a valid quorum for a
- M/s XYZ Limited is a public limited company having paid up share capital of ₹ 28 Crores at the last of preceding financial year. The directors of M/s XYZ Limited want that timely a
- Proxy advisors provide valuable services to the Institutional Investors and help them to take correct voting decisions. In view of this statement, explain the reasons of engaging p
- M/s PQR limited is a listed company. In the course of its operations, it makes regular transactions with its related parties and these transactions are of general operational natur
- CDS is an unlisted public company engaged in manufacturing of textile products. Following is the financial information obtained from its latest audited financial statement for the
- Vidhyut Limited is a BSE listed public listed company. It is a joint venture of Quantum Power Limited and a government company. Recently the government company has appointed 3 new
- Rainbow Finance Limited is a newly incorporated Non-Banking Financial Company (NBFC) in the category of Infrastructure and Finance Company. Its assets size is more than ₹ 100 billi
- Compliance risk is the threat posed to a company's earnings or capital as a result of violation or non-conformance with laws, regulations, or prescribed practices. Companies that f
- Analyze the importance of Auditing Standard for the purpose of reporting to the members of the company by the statutory auditors under the Companies Act, 2013.
- "With the goal of promoting better corporate governance practices in India, the Ministry of Corporate Affairs, Government of India, has set up National Foundation for Corporate Gov
- As per Regulation 4(2) (d) of SEBI (LODR) Regulations, 2015 the listed entity should recognise the rights of stakeholders and encourage co-operation between listed entity and the s
- Referring the provisions of Section 125 of the Companies Act, 2013, explain the purposes for which Investor Education and Protection Fund may be utilized.
- Explain Section 302 of SOX Act i.e. Corporate Responsibility for Financial Reports.
- Mr. P is an investor and he has got the proposal for investment in Company A and Company B. The particulars of Company A and Company B are herein given below: (i) Company A is a hi
- Good News Private Limited is a publishing company and it has been publishing 2 daily newspapers, 2 weekly and 5 monthly magazines. In view of rapid technological development, the c
- XYZ Company limited is a BSE listed reputed chemical manufacturing company. Recently, there is a fire incident occurred at one of its plant location. The directors of the company a
- Consequences of loss of reputation.
- The approach to be followed for effective management of reputation risk.
- "Risk mitigation is the process by which an organization introduces specific measures to minimize or eliminate unacceptable risks associated with its operations". In view of this s
- International Integrated Reporting Council (IIRC) has coined the concept of "Six Capital Disclosures". According to this concept "Integrated reporting relies on business disclosure
- 'Internal check' refers to allocation of duties in such a manner that the work of one person is checked by another while that other is performing his own duties in a normal way. In
- In reference to Components of Internal Control as defined by COSO", explain the term "Control environment".
- As per Regulation 18(3) of SEBI Listing and Other disclosures requirement Regulation, 2015, the role of the audit committee and the information to be reviewed by the audit committe
- Explain the guiding principles in relation to preparation of an integrated report, its contents and the manner of the disclosure of Information.
- In reference to Annexure-II of the Companies (CSR Policy) Rules, 2014 i.e. Format for the Annual Report on CSR Activities, explain how the excess amount be set off, (if any) would
- As per Section 134(3)(c) of the Companies Act, 2013, a report by its Board of Directors, including Directors' Responsibility Statement shall be attached to statements laid before a
- As per Regulation 17(8) of SEBI (LODR) Regulations, 2015, the chief executive officer and the chief financial officer shall provide the compliance certificate to the board of direc
- Explain four 'basic, non-negotiable system conditions for global sustainability' as developed by Karl-Henrik Robert, founder of the environment organization. "The Natural Step".
- Explain the difference between Absolute measure approach and relative measure approach which are used in context to "Sustainable Value Added (SVA)".
How to Prepare for CS Professional Governance, Risk Management, Compliances and Ethics
Use past questions to practise the paper format and review available answers. Check the current syllabus, applicable law and examination duration before attempting a timed paper.