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Business Ethics and Corporate Governance (Set 02 (Advanced Level))

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Tamil Nadu State Board (TNSB) Class XI Business Studies Set 02 (Advanced Level) English Medium 100% Free Practice Test

Tamil Nadu State Board (TNSB) Class XI Business Studies: Business Ethics and Corporate Governance Online Test (Set 02 (Advanced Level)) | TargetExams

Business Ethics and Corporate Governance — Set 02 (Advanced Level)

Take free online mock test for Tamil Nadu State Board (TNSB) Class XI Business Studies chapter 'Business Ethics and Corporate Governance'. 20 MCQs, 20 minutes, detailed solutions & score analysis.

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20 MCQs

Questions

⏱️

20 Mins

Duration

🎯

20 Marks

Total Marks

➕

+1.0

Per Correct

🛡️

0.0

Negative Mark

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English

Language

Start Test Now (English Medium)

Instant Scorecard Step-by-Step Solutions TNSB Samacheer Kalvi Pattern

Chapter Study Guide & In-Depth Notes

Master the key concepts, vocabulary, and high-yield questions before starting the test.

3 Sections

Chapter Overview & Core Concepts: Business Ethics and Corporate Governance

Class 11 Study Guide

Mastering Business Ethics and Corporate Governance in Class 11 provides critical subject intuition, analytical skills, and examination readiness.

Examinations test fundamental principles, definitions, cause-and-effect reasoning, and real-world applications under timed conditions.

Core Moral & Key Takeaway:

Grasping core concepts and practicing with timed chapter-wise CBT tests guarantees top performance in board exams.

Key Terminology, Definitions & Principles

Glossary & Concepts

Term / Formula	Type	Definition / Meaning	Explanation / Notes	Example / Usage
Core Concept	Principle	Primary concept governing Business Ethics and Corporate Governance.	मुख्य सिद्धांत	"Understand and apply the principle accurately."
Analytical Deduction	Skill	Evaluating evidence to draw correct conclusions.	तार्किक विश्लेषण	"Examine question clues systematically."

Key Features & Devices Explored:

Systematic Elimination

Eliminate distractor choices before selecting the best answer.

Pacing & Accuracy

Complete each question within 60 seconds to maintain steady momentum.

High-Yield Revision Points & Solved Board Exam Q&A

Revision Notes

⚡ High-Yield Exam Takeaways:

Review all key textbook terms, definitions, and formulas.
Pay attention to units, boundary values, and key keywords in questions.
Solve Foundation Set 01 to build confidence, followed by Advanced Set 02 for exam excellence.

Frequently Asked Questions & Model Answers:

Q1 How should students prepare for Business Ethics and Corporate Governance exams?

Answer: Read the chapter thoroughly, practice step-by-step solved examples, memorize key definitions, and evaluate preparation using timed online CBT mock tests.

Sample Questions Preview

Free Sneak Peek

Here is a sneak peek of the questions included in this test set. Test your preparation by viewing the answer and detailed explanation before starting the timed exam.

What is the **Conflict of Interest** in corporate governance and business ethics?

கார்ப்பரேட் ஆளுகை மற்றும் வணிக நெறிமுறைகளில் **விருப்பங்களின் முரண்பாடு** என்றால் என்ன?

A price war with competitorsபோட்டியாளர்களுடன் ஒரு விலைப் போர்

A dispute over office temperatureஅலுவலக வெப்பநிலை குறித்த சர்ச்சை

A situation where a director's or executive's personal, financial, or familial private interests **conflict with or compromise their professional fiduciary duty to act in the best interests of the company**ஒரு இயக்குநரின் அல்லது நிர்வாகியின் தனிப்பட்ட, நிதி அல்லது குடும்ப தனிப்பட்ட நலன்கள் **நிறுவனத்தின் சிறந்த நலன்களுக்காகச் செயல்படுவதற்கான அவர்களின் தொழில்முறை நம்பிக்கைக் கடமையுடன் முரண்படும் அல்லது சமரசம் செய்யும் சூழ்நிலை.

A disagreement between two employees over sportsவிளையாட்டு தொடர்பாக இரு ஊழியர்களிடையே கருத்து வேறுபாடு

Correct Answer: Option C

Explanation:

Conflict of interest occurs when executives award lucrative company contracts to their own family businesses without board disclosure.

நிர்வாகிகள் இலாபகரமான நிறுவன ஒப்பந்தங்களை வாரியம் வெளிப்படுத்தாமல் தங்கள் சொந்த குடும்ப வணிகங்களுக்கு வழங்கும்போது வட்டி மோதல் ஏற்படுகிறது.

Under Section 188 of the Companies Act, 2013, how are **Related Party Transactions (RPTs)** strictly regulated?

நிறுவனங்கள் சட்டம், 2013 இன் பிரிவு 188 இன் கீழ், **தொடர்புடைய கட்சி பரிவர்த்தனைகள் (RPTs)** எவ்வாறு கண்டிப்பாக ஒழுங்குபடுத்தப்படுகிறது?

RPTs can be approved in secret by the CEORPTs CEO மூலம் ரகசியமாக அங்கீகரிக்கப்படலாம்

RPTs require zero approvalRPTs க்கு பூஜ்ஜிய ஒப்புதல் தேவை

RPTs must be at **Arm's Length Price**, require prior approval of the Audit Committee and Board of Directors, and material RPTs require approval by **uninterested shareholders**RPTs **கையின் நீள விலை** இருக்க வேண்டும், தணிக்கைக் குழு மற்றும் இயக்குநர்கள் குழுவின் முன் அனுமதி தேவை, மற்றும் பொருள் RPTs ** ஆர்வமற்ற பங்குதாரர்களின் ஒப்புதல் தேவை*

RPTs are 100% banned in all companiesRPTs அனைத்து நிறுவனங்களிலும் 100% தடைசெய்யப்பட்டுள்ளது

Correct Answer: Option C

Explanation:

RPT regulations prevent promoters from siphoning corporate cash to privately-owned shell entities, enforcing arm's length pricing and audit committee clearance.

RPT விதிமுறைகள் விளம்பரதாரர்கள் பெருநிறுவனப் பணத்தை தனியாருக்குச் சொந்தமான ஷெல் நிறுவனங்களுக்கு வழங்குவதைத் தடுக்கின்றன, கையின் நீள விலை மற்றும் தணிக்கைக் குழு அனுமதியை அமல்படுத்துகின்றன.

How Chapter-Wise Online CBT Tests Build Winning Habits for Future Competitive Exams

Focused chapter-wise CBT practice builds the speed, mental stamina, and analytical discipline required to ace CUET, JEE Main, NEET UG, NDA, CA Foundation, and College Entrance Exams.

Competitive Edge

Real-Time Clock Awareness & Pacing

समय प्रबंधन एवं गति नियंत्रण

In school examinations, students write answers without active pacing. In national entrance tests, students have barely 45-60 seconds per MCQ. Practicing with a 20-minute timer instills instinctive time-budgeting and prevents last-minute exam panic.

Mastery of the Elimination Technique

विकल्प निष्कासन विधि में दक्षता

Top rankers in competitive exams rarely compute every problem blindly. They spot subtle traps, evaluate extreme values, and eliminate 2 out of 4 distractors within seconds. Our 4-option sets teach critical distractor analysis.

CBT Screen Stamina & Digital Comfort

कंप्यूटर आधारित परीक्षा का सहज अभ्यास

Almost all major national exams (CUET, JEE, NEET, SSC, Banking) are 100% computer-based. Students who only study on paper experience eye strain and navigation mistakes on exam day. Early CBT practice creates effortless digital fluency.

Immunity to Negative Marking

सटीकता और नकारात्मक अंकन से सुरक्षा

Careless errors—such as misreading "NOT" or "EXCEPT"—ruin thousands of competitive aspirations each year. Regular objective testing builds the habit of double-checking question keywords before locking answers.

Instant Diagnostic Feedback Loop

तत्काल त्रुटि निवारण एवं आत्म-मूल्यांकन

Traditional paper tests take weeks to grade, by which time the student has forgotten their thought process. TargetExams provides instant scorecards and step-by-step solutions while the conceptual puzzle is still fresh.

Syllabus Concepts Evaluated in this Chapter

This test series specifically evaluates the core competencies and learning objectives outlined in the official syllabus:

Core definitions, fundamental theorems, and essential concepts of this chapter.
Step-by-step mathematical reasoning and deductive problem-solving.
Application of standard formulas and operations in real-world scenarios.
Critical examination of common exam pitfalls and misleading options.
Higher-order thinking skill (HOTS) questions to prepare for school examinations.
Speed and accuracy mastery under standard timed CBT exam conditions.

Exam Rules & Test Taking Guidelines

Total Questions: The test consists of exactly 20 objective type questions.
Time Allowed: 20 Minutes countdown timer begins as soon as the test launches.
Marking Scheme: +1.0 mark is awarded for each correct answer.
Zero Penalty: There is 0.0 negative marking for incorrect or unattempted questions.
Question Palette: Freely navigate between questions and flag questions for later review.
Review & Solutions: Access instant scorecard and full step-by-step solutions upon submission.

Frequently Asked Questions (FAQs)

Yes! Foundation Practice Set 01 for every chapter in Tamil Nadu State Board (TNSB) Class XI Business Studies is 100% free to attempt. Students can test their knowledge without any payment or hidden fees.

This page is dedicated to English Medium. You can also attempt this test in Hindi Medium by clicking the switcher at the top.

Absolutely. All 20 multiple-choice questions are strictly designed in line with the latest guidelines, covering both basic conceptual understanding and higher-order thinking skills.

The test contains 20 MCQs to be solved in 20 minutes. Each question carries +1.0 mark for a correct answer, and there is zero (0.0) negative marking for incorrect answers.

Yes. Immediately upon submitting your test, you receive a comprehensive performance summary including your total score, accuracy percentage, time spent per question, and full step-by-step explanations for all 20 questions.

Business Ethics and Corporate Governance (Set 02 (Advanced Level))

20 MCQs • 20 Mins • 100% Free Practice Test

Tamil Nadu State Board (TNSB) Class XI Business Studies: Business Ethics and Corporate Governance Online Test (Set 02 (Advanced Level)) | TargetExams

Chapter Study Guide & In-Depth Notes

Chapter Overview & Core Concepts: Business Ethics and Corporate Governance