Poetry MCQ Quiz - Objective Question with Answer for Poetry - Download Free PDF

The correct answer is Corporate Governance

Key Points

• Kumar Mangalam Birla Committee focused on Corporate Governance:
  • The passage clearly states that SEBI set up the committee to promote and raise the standards of good corporate governance.
  • The committee's objective was to develop a code tailored to the Indian corporate environment, ensuring accountability, transparency, and investor protection within corporate structures.
  • Corporate governance involves a set of systems, principles, and processes by which companies are directed and controlled to enhance stakeholder trust and long-term value.
  • For financial enterprises, sound corporate governance ensures operational integrity, promotes investor confidence, and mitigates risk by improving oversight and decision-making structures.

Additional Information

• Investors' Protection:
  • Although investor protection is an indirect goal, the report's direct and central theme was governance frameworks, not specific laws or measures focused solely on protecting investors’ rights.
• Investors and Shareholders Awareness:
  • This is inaccurate because the committee's mandate was not about conducting awareness campaigns or educational efforts for investors, but about improving the governance mechanisms within companies.
• SEBI Guidelines on Market Operations:
  • This option refers to the broader regulatory functions of SEBI concerning market conduct, trading mechanisms, etc. The Birla Committee’s focus was limited to governance issues within companies, not operational market guidelines.

The correct answer is Two categories

Key Points

• Kumar Mangalam Birla Committee's recommendations are divided into two categories:
  • The passage states that the recommendations are categorized into mandatory and non-mandatory guidelines.
  • Mandatory recommendations are binding for listed companies with paid-up capital of ₹3 crore and above, focusing on board composition, audit committees, board meetings, and limits on committee memberships.
  • Non-mandatory recommendations are intended for all listed private and public sector companies, aiming to promote good governance practices but without enforcement obligations.
  • This two-tier structure allows flexibility for smaller firms while ensuring essential governance standards are maintained for larger ones in financial enterprises.

Additional Information

• Three categories:
  • No mention in the passage of recommendations being split into three distinct categories.
  • This would be inaccurate as the text clearly highlights only mandatory and non-mandatory types.
• Four categories:
  • Incorrect assumption. The committee does not subdivide recommendations further into four sections such as audit, board structure, shareholders’ rights, etc.
• Five categories:
  • This is incorrect as there is no evidence or mention in the text supporting five separate recommendation types. The bifurcation is clearly limited to two.

The correct answer is A, B and D

Key Points

• Non-mandatory recommendations were to apply to listed private companies, listed public sector companies, and professionals associated:
  • The passage clearly mentions that these recommendations apply to listed private and public sector companies, along with their directors, management, employees, and professionals associated with them.
  • This ensures that voluntary compliance with governance standards is encouraged not just among large public entities, but also across smaller or privately held listed firms.
  • For financial enterprises, professionals such as auditors, compliance officers, and governance advisors are critical in applying such recommendations and fostering transparency and accountability.
  • Applying these recommendations to a broader range of participants ensures a culture of corporate ethics, especially vital in sectors dealing with public funds and investments.

Additional Information

• Shareholders are not included under non-mandatory recommendations:
  • The passage does not state that shareholders are part of the target audience for non-mandatory recommendations.
  • Shareholders benefit from corporate governance practices, but the application of these recommendations is focused on the internal structure of companies and associated professionals.
  • Therefore, including shareholders in the list is incorrect, making any answer option containing “C” invalid.
• The recommendations aim to improve internal governance rather than investor behavior:
  • While good governance indirectly protects investors, the non-mandatory code is about improving the conduct and structure within corporations, not imposing standards on shareholders themselves.

The correct answer is Auditor of the company must have experience of 10 years

Key Points

• Auditor of the company must have experience of 10 years:
  • This is not mentioned as a mandatory recommendation by the Kumar Mangalam Birla Committee in the passage.
  • The committee focused on board structure, audit committee composition, and meeting frequency, not specific auditor qualifications or years of experience.
  • In the context of financial enterprises, while auditor experience is important for accuracy and compliance, this criterion was not part of SEBI’s mandated governance reforms.
  • Mandatory guidelines emphasize oversight and independence over tenure-based eligibility, promoting transparency and investor confidence through board governance mechanisms rather than focusing on professional experience thresholds.

Additional Information

• Audit committee should contain 3 independent directors with one having financial and accounting knowledge:
  • This is a correct mandatory recommendation according to the committee. It ensures financial expertise and independence in internal control, especially relevant for financial institutions where audit transparency is critical.
• The Board should hold at least 4 meetings in a year with maximum gap of 4 months between 2 meetings to review operational plans:
  • Also a correct mandatory recommendation. Regular board meetings ensure continuous oversight and timely decision-making, vital in fast-changing financial markets.
• Director shall not be a member of more than 10 committees and shall not act as chairman of more than 5 committees across all companies:
  • This is part of the mandatory norms to avoid overcommitment and ensure effective participation. It is crucial in financial enterprises where governance and risk management responsibilities are complex and demanding.

The correct answer is By connecting the stark landscape with their emotional barrenness.

Key Points

• In "Dance of the Eunuchs," Kamala Das uses vivid climatic and geographical references to create a stark and oppressive atmosphere.
• These environmental images serve to reflect the internal desolation and emotional barrenness experienced by the eunuchs.
• By describing the harsh and unyielding landscape, Das draws a parallel between the external environment and the eunuchs' inner void.
• This connection underscores the profound sense of emptiness and isolation that defines their existence.
• The poem effectively uses environmental imagery to highlight the eunuchs' marginalized status and the societal pressures they face.

Therefore, the correct answer is Option 1.

Additional Information

• Option 2: While the oppressive heat may contribute to the overall atmosphere, the primary focus is on the connection between the landscape and the eunuchs' emotional state.
• Option 3: The literal drought and metaphorical void are related, but the stark landscape and emotional barrenness connection is more central to the poem's theme.
• Option 4: Harsh environmental elements do reflect the eunuchs' marginalized status, but the emphasis is on their internal desolation.

The correct answer is Auditor of the company must have experience of 10 years

Key Points

• Auditor of the company must have experience of 10 years:
  • This is not mentioned as a mandatory recommendation by the Kumar Mangalam Birla Committee in the passage.
  • The committee focused on board structure, audit committee composition, and meeting frequency, not specific auditor qualifications or years of experience.
  • In the context of financial enterprises, while auditor experience is important for accuracy and compliance, this criterion was not part of SEBI’s mandated governance reforms.
  • Mandatory guidelines emphasize oversight and independence over tenure-based eligibility, promoting transparency and investor confidence through board governance mechanisms rather than focusing on professional experience thresholds.

Additional Information

• Audit committee should contain 3 independent directors with one having financial and accounting knowledge:
  • This is a correct mandatory recommendation according to the committee. It ensures financial expertise and independence in internal control, especially relevant for financial institutions where audit transparency is critical.
• The Board should hold at least 4 meetings in a year with maximum gap of 4 months between 2 meetings to review operational plans:
  • Also a correct mandatory recommendation. Regular board meetings ensure continuous oversight and timely decision-making, vital in fast-changing financial markets.
• Director shall not be a member of more than 10 committees and shall not act as chairman of more than 5 committees across all companies:
  • This is part of the mandatory norms to avoid overcommitment and ensure effective participation. It is crucial in financial enterprises where governance and risk management responsibilities are complex and demanding.

The correct answer is Corporate Governance

Key Points

• Kumar Mangalam Birla Committee focused on Corporate Governance:
  • The passage clearly states that SEBI set up the committee to promote and raise the standards of good corporate governance.
  • The committee's objective was to develop a code tailored to the Indian corporate environment, ensuring accountability, transparency, and investor protection within corporate structures.
  • Corporate governance involves a set of systems, principles, and processes by which companies are directed and controlled to enhance stakeholder trust and long-term value.
  • For financial enterprises, sound corporate governance ensures operational integrity, promotes investor confidence, and mitigates risk by improving oversight and decision-making structures.

Additional Information

• Investors' Protection:
  • Although investor protection is an indirect goal, the report's direct and central theme was governance frameworks, not specific laws or measures focused solely on protecting investors’ rights.
• Investors and Shareholders Awareness:
  • This is inaccurate because the committee's mandate was not about conducting awareness campaigns or educational efforts for investors, but about improving the governance mechanisms within companies.
• SEBI Guidelines on Market Operations:
  • This option refers to the broader regulatory functions of SEBI concerning market conduct, trading mechanisms, etc. The Birla Committee’s focus was limited to governance issues within companies, not operational market guidelines.

The correct answer is Two categories

Key Points

• Kumar Mangalam Birla Committee's recommendations are divided into two categories:
  • The passage states that the recommendations are categorized into mandatory and non-mandatory guidelines.
  • Mandatory recommendations are binding for listed companies with paid-up capital of ₹3 crore and above, focusing on board composition, audit committees, board meetings, and limits on committee memberships.
  • Non-mandatory recommendations are intended for all listed private and public sector companies, aiming to promote good governance practices but without enforcement obligations.
  • This two-tier structure allows flexibility for smaller firms while ensuring essential governance standards are maintained for larger ones in financial enterprises.

Additional Information

• Three categories:
  • No mention in the passage of recommendations being split into three distinct categories.
  • This would be inaccurate as the text clearly highlights only mandatory and non-mandatory types.
• Four categories:
  • Incorrect assumption. The committee does not subdivide recommendations further into four sections such as audit, board structure, shareholders’ rights, etc.
• Five categories:
  • This is incorrect as there is no evidence or mention in the text supporting five separate recommendation types. The bifurcation is clearly limited to two.

The correct answer is A, B and D

Key Points

• Non-mandatory recommendations were to apply to listed private companies, listed public sector companies, and professionals associated:
  • The passage clearly mentions that these recommendations apply to listed private and public sector companies, along with their directors, management, employees, and professionals associated with them.
  • This ensures that voluntary compliance with governance standards is encouraged not just among large public entities, but also across smaller or privately held listed firms.
  • For financial enterprises, professionals such as auditors, compliance officers, and governance advisors are critical in applying such recommendations and fostering transparency and accountability.
  • Applying these recommendations to a broader range of participants ensures a culture of corporate ethics, especially vital in sectors dealing with public funds and investments.

Additional Information

• Shareholders are not included under non-mandatory recommendations:
  • The passage does not state that shareholders are part of the target audience for non-mandatory recommendations.
  • Shareholders benefit from corporate governance practices, but the application of these recommendations is focused on the internal structure of companies and associated professionals.
  • Therefore, including shareholders in the list is incorrect, making any answer option containing “C” invalid.
• The recommendations aim to improve internal governance rather than investor behavior:
  • While good governance indirectly protects investors, the non-mandatory code is about improving the conduct and structure within corporations, not imposing standards on shareholders themselves.

The correct answer is Auditor of the company must have experience of 10 years

Key Points

• Auditor of the company must have experience of 10 years:
  • This is not mentioned as a mandatory recommendation by the Kumar Mangalam Birla Committee in the passage.
  • The committee focused on board structure, audit committee composition, and meeting frequency, not specific auditor qualifications or years of experience.
  • In the context of financial enterprises, while auditor experience is important for accuracy and compliance, this criterion was not part of SEBI’s mandated governance reforms.
  • Mandatory guidelines emphasize oversight and independence over tenure-based eligibility, promoting transparency and investor confidence through board governance mechanisms rather than focusing on professional experience thresholds.

Additional Information

• Audit committee should contain 3 independent directors with one having financial and accounting knowledge:
  • This is a correct mandatory recommendation according to the committee. It ensures financial expertise and independence in internal control, especially relevant for financial institutions where audit transparency is critical.
• The Board should hold at least 4 meetings in a year with maximum gap of 4 months between 2 meetings to review operational plans:
  • Also a correct mandatory recommendation. Regular board meetings ensure continuous oversight and timely decision-making, vital in fast-changing financial markets.
• Director shall not be a member of more than 10 committees and shall not act as chairman of more than 5 committees across all companies:
  • This is part of the mandatory norms to avoid overcommitment and ensure effective participation. It is crucial in financial enterprises where governance and risk management responsibilities are complex and demanding.

The correct answer is Option 2.

Key Points

• Keats’s "Ode on a Grecian Urn" frequently contrasts temporal and eternal aspects of existence through its vivid imagery and philosophical reflections.
• The line "For ever warm and still to be enjoy’d" encapsulates the essence of this dichotomy, highlighting the permanence of the urn's beauty and the transient nature of human life.
• This line emphasizes the eternal warmth and joy captured in the art, in contrast to the fleeting experiences of the living.
• Keats uses the urn as a metaphor for the enduring power of art, which outlasts the ephemeral nature of human existence.

Therefore, the correct answer is Option 2.

Additional Information

• Line 1: "When old age shall this generation waste" refers to the inevitability of aging and mortality.
• Line 3: "What leaf-fringed legend haunts about thy shape" suggests the timeless mystery and allure of the urn's imagery.
• Line 4: "Thou, silent form, dost tease us out of thought" implies the contemplative power of the urn, prompting reflections on eternity and the human condition.

The correct answer is A plea or invocation at the beginning of each section.

Key Points

• Percy Bysshe Shelley’s "Ode to the West Wind" is divided into five sections, each serving a specific purpose in the overall structure of the poem.
• In each section, Shelley begins with a plea or invocation, addressing the West Wind directly and imploring it to hear his requests.
• This consistent use of invocation helps to unify the poem, giving it a cohesive and rhythmic structure.
• The repeated plea to the West Wind emphasizes the poet’s desire for transformation and inspiration.
• This technique is central to the thematic development of the poem, as it explores ideas of renewal, change, and the power of nature.

Therefore, the correct answer is Option 3.

Additional Information

• Enjambment across stanzas: While enjambment is a common poetic device, it is not the primary unifying element in this poem.
• Repetition of the phrase “O wild West Wind”: This phrase is used, but not consistently across all sections.
• A consistent meter and rhyme scheme: The poem does have a consistent terza rima rhyme scheme, but the plea or invocation is more central to the poem's structure.

The correct answer is 'A, B, and E'.

Key Points

• T.S. Eliot, W.B. Yeats, and Ezra Pound are all iconic figures within the Modernist movement in literature, which sought to break away from traditional forms and explore new techniques in response to the changing conditions of the 20th century.
• T.S. Eliot is widely recognized for his contribution to Modernist poetry, particularly with works like "The Waste Land" and "The Love Song of J. Alfred Prufrock," which are characterized by their experimental form, complex imagery, and exploration of themes such as disillusionment and alienation.
• W.B. Yeats, though beginning his career with a focus on Irish mythology and folklore, gradually incorporated Modernist themes and techniques, reflecting the tumultuous social and political changes of his time. His later poetry, which includes poems like "The Second Coming," showcases stylistic complexity and a profound engagement with contemporary history and personal disillusionment.
• Ezra Pound was a driving force behind Modernism, advocating for a break from the past and the creation of a new literature that reflected the complexities of the modern world. His imagist principles, which emphasized precision, clarity, and economy of language, had a significant impact on the direction of Modernist poetry. His epic work, "The Cantos," is considered a cornerstone of Modernist literature.
• These poets shared a common interest in breaking away from the strictures of Victorian and Romantic poetry, experimenting with new forms and techniques, and addressing the challenges of the modern era in their work.

Therefore, the correct answer is 'Option 2'.

 Additional Information

• Robert Frost, while a contemporary of these poets, is usually not classified as a Modernist. His work is often seen as a bridge between 19th-century American poetry and the Modernist movement, but he tended to use more traditional forms and themes.
• Dylan Thomas is considered part of the later generation, often associated with Neo-Romanticism rather than Modernism, despite his innovative use of language and imagery.

The correct answer is By contrasting the rhythmic dance movements with the silent suffering.

Key Points

• Kamala Das employs sensory imagery to highlight the paradox of the eunuchs' performance by contrasting the lively, rhythmic dance movements with their silent suffering.
• This juxtaposition creates a poignant contrast between the external display of joy and the internal experience of pain and emptiness.
• The vivid descriptions of the eunuchs' dance evoke a sense of vibrancy and life, while simultaneously emphasizing their deep-rooted sorrow and longing.
• Das’s use of sensory imagery serves to deepen the readers' understanding of the eunuchs' plight and the complex emotions they embody.

Therefore, the correct answer is Option 1.

Additional Information

• Option 2: Juxtaposing lively dance music with natural silence - This could also create a contrast, but it does not capture the internal suffering of the eunuchs as effectively.
• Option 3: Describing colorful attire against the monochrome background - This imagery focuses more on visual contrast rather than the emotional paradox.
• Option 4: Highlighting the physical allure of the dancers with their inner void - While this option addresses the inner void, it does not encompass the sensory imagery of the dance movements.

The correct answer is Option 2.

Key Points

• In "Dance of the Eunuchs," Kamala Das uses the eunuchs' dance as a metaphor to highlight the marginalization and oppression faced by non-conforming individuals in society.
• The eunuchs, often ostracized and marginalized, symbolize the broader societal issue of how those who do not fit into conventional norms are treated.
• This metaphor serves to draw attention to the struggles and alienation experienced by individuals who are excluded based on their identity or differences.
• Kamala Das's poetry frequently addresses themes of identity, alienation, and societal norms, making this metaphor a poignant commentary on these issues.

Therefore, the correct answer is Option 2.

Additional Information

• Option 1: The transient nature of joy and celebration - While this might be a theme in some contexts, it is not the primary issue addressed by the metaphor in "Dance of the Eunuchs."
• Option 3: The cultural history of eunuchs in South Asia - Although the poem touches on the cultural aspect, the deeper societal issue is their marginalization and oppression.
• Option 4: The personal alienation felt by the speaker - This is a relevant theme in Kamala Das's works, but in this particular poem, the focus is on the broader societal marginalization of eunuchs.