Gandhiji’s Philosophy of ‘Trusteeship’

Industry
Management

Equal
Partners

Labour
 Both Labour and management separately cannot make
anything useful and fruitful.
 Labour and Capital combined together produce produce
wealth and bring prosperity to the society.
 Business Ethics Practices in India
Corporate Governance
Ethics in Indian Business- Introduced: 1980

Companies have developed formal system of

accountability, oversight and control is known
as Corporate Governance.

SEBI established-1992, Clause 49 (listing agreement) in 2005

.
Last committee on Corporate Governance- Uday Kotak
Committee (Recommendations accepted in 2018)
 An Ethical Crisis

Pre-crisis

Prevention of
Post crisis
crisis

Whistle-
Crisis
blower
situation
policy
 Ethical Foundation of Banking
Success of Banking Business is depend on various Moral of conduct:

Truthfulness Trust

Honesty

Integrity & Transparency

Need and Importance of Ethics in Banking

Ethics help in dealing with dilemmas

Guards reputation/Goodwill

Helps avoid risk

Principles of Ethical Banking
Principle of
trust

Transparency Neutrality

Reliabilty
Q. Which one of the following is not a principle of ethics?
a) Fairness
b) Dignity
c) Goodwill
d) Remaining conscious for profits at all costs
e) None of the above
Q. In which year whistle blower Protection Act implemented in India
to protect people who provide information about wrongdoing and
provides a mechanism for investigation?
a) 2010
b) 2011
c) 2015
d) 2018
e) None of the above
Q. Which of the following was the last committee for Corporate
Governance set by the SEBI, whose recommendations were accepted
in 2018?
a) Ganguly committee
b) Tendulkar Committee
c) Uday Kotak Committee
d) N. R Narayana Murthy Committee
Q. Business Ethics id helpful in:
a) Dealing with dilemma
b) Guards reputation
c) Helps in avoiding future risk
d) All the above
e) None of the above
Q. Which one of the following is not the part of the standard banking
code of conduct?
a) Profitability
b) Neutrality
c) Reliability
d) Integrity
e) None of the above
 Get 60%
Use Code- Y195 on STORE.ADDA247.COM OFF

FREE JAIIB VIDEOS MAY 2020 EXAM: http://bit.ly/2NI1z5r

 Get 60%
Use Code- Y195 on STORE.ADDA247.COM OFF

FREE JAIIB VIDEOS MAY 2020 EXAM: http://bit.ly/2NI1z5r

 Get 60%
Use Code- Y195 on STORE.ADDA247.COM OFF

FREE JAIIB VIDEOS MAY 2020 EXAM: http://bit.ly/2NI1z5r