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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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