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IMTC635 Part4

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7.

Patent rights are granted only for


a) 50 years
b) 10 years
c) 60 years
d) 20 years
8. According to ..... of the SEBI Act, SEBI has the responsibility to protect the interests of investors in
securities and to promote the development of and to regulate the securities markets by way of taking
appropriate measures

a) Section 1(11)
b) Section 1(1)
c) Section 11(1)
d) Section 11(11)

9. Which of the following elements is a good ethics audit deliverable?

a) Policy limitation
b) EEI/MCI
c) DHRTP
d) EtMS

10. According to which Section of the companies Act 2013, companies and independent directors shall
abide by the provisions specified in the Schedule IV, which prescribes the guidelines of professional
conduct, roles and functions and duties of the independent directors.
a) Section 152 (0)
b) Section 149(8)
c) Section 149(0)
d) Clause 165 (1)

11. any investment made by the society for the development and maintenance of all kinds of infrastructure
for people's benefit is called
a) natural common sense law.
b) Code of Conduct
c) People’s law
d) Law of professionals
12. Clause 49 II A of the SEBI Listing Agreement is replaced by

a) Companies Act 2014 (Listing Regulations)


b) SEBI Regulations 2015 (Listing Regulations)
c) RBI Regulations
d) SEBI Regulations 2013 (Listing Regulations)

13. Which of the following statement is correct


a.ina unitary board system, the activities and processes of governance and management are overlapping

14. Why is it implemented to protect intellectual property


c. To safeguard it from infringement
15. What is Business Ethics?

· Nobility of operation philosophy that is upheld by actual practices of a business enterprise.


· Good behaviour of business managers.
· An abstract description used by the society.
· Summary of ethics practiced by different constituent professions.

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