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    Question

    The National Foundation for Corporate Governance (NFCG)

    is an institution in India primarily established to promote:
    A Tax compliance among corporate entities Correct Answer Incorrect Answer
    B Investor awareness and capital market regulations Correct Answer Incorrect Answer
    C Corporate governance best practices and ethical business conduct Correct Answer Incorrect Answer
    D Financial literacy for retail investors Correct Answer Incorrect Answer
    E The development of government-backed securities Correct Answer Incorrect Answer

    Solution

    NFCG was set up by the Ministry of Corporate Affairs to encourage adoption of sound corporate governance and ethical conduct in Indian businesses.

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