QUESTION 1(a)
GS4
10 marks
What do you understand by ‘moral integrity’ and ‘professional efficiency in the context of corporate governance in India? Illustrate with suitable examples.
WRITE IN
7 min
150 words
What the examiner wants
Explain what moral integrity and professional efficiency mean in Indian corporate governance, with real examples of each and of their failure.
ExplainMake clear how and why it happens: causes, process, and an example for each point.
Demand-wise check
- 1Moral integrity: honesty, transparency and fairness to all stakeholders even when no rule forces it≈30 words
- 2Professional efficiency: competent, timely, value-creating management within law≈30 words
- 3Indian examples: Satyam (2009) and IL&FS (2018) as integrity failures; Tata group's handling of the 26/11 Taj crisis as integrity plus efficiency≈30 words
- 4How they reinforce each other: efficiency without integrity collapses; integrity without efficiency fails shareholders≈30 words
Open in about 20 words and close in about 20.
Answer plan
Define both termsExamples of each (positive and failure)Link between the twoInstitutional supports (Companies Act, SEBI LODR, independent directors)Conclusion
Where marks usually go
- Writing about integrity in civil service instead of corporate governance
- Giving no Indian corporate example although the question asks for illustrations
Draw this
- 2×2 grid: integrity high/low vs efficiency high/low, with a company example in each cell
Value addition
- CommitteeUday Kotak Committee on Corporate Governance (2017) strengthened independent director and audit norms after governance failures.SEBI, Kotak Committee report
- LawSection 166 of the Companies Act, 2013 lays down directors' duties: act in good faith in the interest of the company, employees, shareholders, community and environment.Companies Act, 2013
Mapped topper copies
Reviewed public-source references related to this PYQ. Same-syllabus references are labelled separately.
- Vidushi Singh · AIR 13 · Page 9 ↗Reviewed PYQ reference
- Shakti Dubey · AIR 1 · Page 25 ↗Reviewed PYQ reference
- Aakash Garg · AIR 5 · Page 25 ↗Same syllabus reference
- Shakti Dubey · AIR 1 · Page 27 ↗Same syllabus reference
Links open original public sources. MainsBuddy does not host these answer sheets.
Next: plan for one minute, write it in 7 minutes, then get it checked.