Union Budget 2025–26, presented by the Hon’ble Finance Minister on 1 February 2025, brings strong signals for students, youth skill development, and professional education. For aspirants of Company Secretary (CS), CA, CMA, UPSC, and UGC-NET, this Budget is particularly important as it focuses on education infrastructure, skilling, digital learning, and employment-linked growth.
This article breaks down the education-related highlights, explains their impact on ICSI students, and connects them with recent trends and expectations from ICSI.
Budget 2025–26 Vision: Youth & Education at the Core
The Budget aligns with the long-term vision of “Viksit Bharat”, where 100% quality education, skilled youth, and employability are national priorities.s
The Government identifies Youth as one of the four key pillars (Garib, Youth, Annadata, Nari), making this Budget extremely relevant for students pursuing professional and governance-oriented courses like Company Secretary (CS).
Major Education Announcements Every Student Should Know
1. 50,000 Atal Tinkering Labs in Government Schools
To promote innovation, logic, and problem-solving, the Government announced the setting up of 50,000 Atal Tinkering Labs in the next five years
Why this matters for CS aspirants:
Early exposure to innovation and governance concepts strengthens the future talent pool for corporate law, compliance, and policy-making roles.
2. Broadband Connectivity to Government Schools
Under the BharatNet Project, broadband connectivity will be extended to all government secondary schools, enabling digital education in rural India.
This directly supports:
Online coaching for CS & CSEET
Digital ICSI classes and webinars
Equal access to education resources
3. Bharatiya Bhasha Pustak Scheme (Game Changer for Students)
The Budget proposes a Bharatiya Bhasha Pustak Scheme, providing digital textbooks in Indian languages for school and higher education
📌 Impact on ICSI students:
This strengthens the case for regional-language learning, which aligns with ICSI’s increasing use of Hindi and bilingual academic support.
Centre of Excellence in Artificial Intelligence for Education
A dedicated Centre of Excellence in AI for Education with an outlay of ₹500 crore will be established
For CS students, this signals:
Growing relevance of AI in compliance, governance, and corporate reporting
Future-ready skill requirements beyond traditional law knowledge
Skilling & Professional Growth: Direct Benefits for CS Students
National Centres of Excellence for Skilling
Five National Skill Centres will be set up with global partnerships to support industry-ready education
This complements ICSI’s focus on:
Practical training
Executive Development Programmes (EDP)
Corporate governance skills
Finance Bill & Memorandum: What Students Should Understand
While the Finance Bill and Memorandum focus largely on taxation and structural reforms, they reinforce:
Increased government spending on education & skilling
Long-term investment in human capital development
Supportive ecosystem for professional institutions and training bodies
These policy directions indirectly strengthen institutions like ICSI, which play a key role in governance education and compliance professionals.
What This Budget Means Specifically for ICSI & CS Aspirants
Although the Budget does not announce a scheme exclusively for ICSI, the implications are clear:
✔ Greater focus on corporate governance and skilled professionals
✔ More opportunities in MSMEs, startups, compliance, and ESG roles
✔ Strong push for digital learning, benefiting ICSI online education
✔ Alignment with ICSI’s evolving syllabus emphasising technology & governance
📢 ICSI News Context:
ICSI has consistently emphasised:
Skill-based learning
Technology-driven compliance
Governance professionals for “Viksit Bharat.”
The Budget’s education and skilling roadmap supports this direction and enhances the long-term value of the CS qualification.
Why CS Students Should Care About Budget 2025–26
If you are a CS Executive / Professional student or planning CSEET, this Budget indicates:
More employment-linked growth
Higher demand for qualified compliance professionals
Expanding scope in policy, governance, AI-driven compliance, and MSMEs
Final Thoughts
The Union Budget 2025–26 is not just about numbers—it is about building a skilled, educated, and governance-ready India. For ICSI students, this Budget reinforces the importance of choosing a future-oriented professional course likea Company Secretary.
📘 Stay updated with ICSI announcements, training guidelines, and syllabus changes—because the ecosystem is clearly moving in your favour.
100 MCQs on Union Budget 2025–26
(For CS / UPSC / UGC-NET Aspirants)
🔹 Section A: Budget Basics & Vision (Q1–20)
1. The Union Budget 2025–26 was presented on which date?
A. 1 January 2025
B. 15 January 2025
C. 1 February 2025
D. 10 February 2025
✅ Answer: C
2. The theme of Union Budget 2025–26 is aligned with which national vision?
A. Make in India
B. Digital India
C. Viksit Bharat
D. Skill India
✅ Answer: C
3. Which four groups are identified as focus pillars in Budget 2025–26?
A. Students, Farmers, MSMEs, Women
B. Garib, Youth, Annadata, Nari
C. Youth, Startups,Corporationss, States
D. Poor, Rich, Middle Class, Corporations
✅ Answer: B
4. Which sector is NOT among the four engines of growth mentioned in the Budget?
A. Agriculture
B. MSME
C. Exports
D. Real Estate
✅ Answer: D
5. The fiscal deficit target for FY 2025–26 is approximately:
A. 5.1% of GDP
B. 4.8% of GDP
C. 4.4% of GDP
D. 3.9% of GDP
✅ Answer: C
6. The Budget emphasises “Trust First, Scrutinise Later” under which reform area?
A. Education reforms
B. Labour reforms
C. Tax reforms
D. Judicial reforms
✅ Answer: C
7. Which ministry presents the Union Budget in India?
A. Ministry of Corporate Affairs
B. Ministry of Finance
C. NITI Aayog
D. RBI
✅ Answer: B
8. Budget 2025–26 focuses on how many broad development areas?
A. 6
B. 8
C. 10
D. 12
✅ Answer: C
9. The Union Budget is presented under which Article of the Constitution?
A. Article 110
B. Article 112
C. Article 114
D. Article 280
✅ Answer: B
10. Budget documents include all EXCEPT:
A. Finance Bill
B. Appropriation Bill
C. Economic Survey
D. Companies Amendment Bill
✅ Answer: D
🔹 Section B: Education & Student-Centric Provisions (Q11–30)
11. How many Atal Tinkering Labs are proposed to be set up?
A. 10,000
B. 25,000
C. 50,000
D. 1,00,000
✅ Answer: C
12. Atal Tinkering Labs aim to promote:
A. Legal education
B. Scientific temper and innovation
C. Sports education
D. Teacher training
✅ Answer: B
13. Broadband connectivity to government schools will be provided under:
A. Digital India
B. BharatNet Project
C. Skill India
D. PM e-Vidya
✅ Answer: B
14. Bharatiya Bhasha Pustak Scheme focuses on:
A. English textbooks only
B. Printed books
C. Digital Indian language books
D. Foreign publications
✅ Answer: C
15. The Centre of Excellence in AI for Education has an outlay of:
A. ₹100 crore
B. ₹250 crore
C. ₹500 crore
D. ₹1,000 crore
✅ Answer: C
16. AI in education is expected to help primarily in:
A. Compliance audits
B. Personalised learning & assessment
C. Sports training
D. Banking operations
✅ Answer: B
17. Which initiative supports regional language education for higher studies?
A. PM Research Fellowship
B. Bharatiya Bhasha Pustak Scheme
C. Skill India Mission
D. Gati Shakti
✅ Answer: B
18. Expansion of IIT capacity primarily indicates:
A. Privatisation of education
B. Increased access to technical education
C. Reduced admissions
D. Closure of old IITs
✅ Answer: B
19. Budget 2025–26 proposes additional medical seats mainly to:
A. Increase exports
B. Strengthen healthcare manpower
C. Reduce private colleges
D. Promote tourism
✅ Answer: B
20. Education initiatives in the Budget mainly target:
A. Only urban students
B. Only private institutions
C. Inclusive and digital education
D. Foreign universities
✅ Answer: C
🔹 Section C: Finance Bill & Memorandum – Student Relevance (Q21–40)
21. Finance Bill 2026 primarily deals with:
A. Corporate governance only
B. Taxation amendments
C. Education policy
D. Judicial reforms
✅ Answer: B
22. Health and Education Cess continues at what rate?
A. 2%
B. 3%
C. 4%
D. 5%
✅ Answer: C
23. Reduction of TCS on foreign remittance for education benefits:
A. Schools
B. Overseas students
C. Foreign universities
D. Travel agents
✅ Answer: B
24. Reduced TCS rate for education remittance under LRS is:
A. 1%
B. 2%
C. 5%
D. 10%
✅ Answer: B
25. Finance Bill 2026 amendments take effect from:
A. 1 April 2025
B. 1 February 2026
C. 1 April 2026
D. 1 July 2026
✅ Answer: C
26. Education-related tax relief supports which objective?
A. Ease of Living
B. Ease of Doing Business
C. Ease of Studying
D. Ease of Compliance
✅ Answer: A
27. Memorandum to Finance Bill mainly explains:
A. Political vision
B. Legal interpretations
C. Clauses and rationale of amendments
D. Economic Survey data
✅ Answer: C
28. Which cess is NOT reduced or removed?
A. Health and Education Cess
B. Social Welfare Surcharge
C. Agriculture Infrastructure Cess
D. GST Compensation Cess
✅ Answer: A
29. Finance Bill provisions are important for CS students because:
A. CS are taxation professionals
B. CS advise on compliance and law
C. CS conducts audits only
D. CSdealsl only with ROC filings
✅ Answer: B
30. Memorandum helps students mainly in:
A. Practical exams
B. Conceptual clarity
C. Typing speed
D. Accounting entries
✅ Answer: B
🔹 Section D: ICSI & CS Aspirant Angle (Q31–60)
31. The Company Secretary course is regulated by:
A. ICAI
B. ICSI
C. MCA
D. UGC
✅ Answer: B
32The budget’s’s emphasis on governance benefits CS professionals because:
A. CS works in manufacturing
B. CS specialize in compliance & governance
C. CS are bankers
D. CS are auditors only
✅ Answer: B
33. AI in education is relevant for CS due to:
A. Automated legal drafting
B. Smart compliance systems
C. Online trading
D. Crypto mining
✅ Answer: B
34. Digital education push aligns with which ICSI initiative?
A. Physical-only coaching
B. Online classes & LMS
C. Foreign tie-ups
D. Industrial training only
✅ Answer: B
35. Which Budget theme directly supports CS careers?
A. Export promotion
B. Regulatory reforms
C. Defence manufacturing
D. Tourism
✅ Answer: B
36. Jan Vishwas Bill 2.0 aims at:
A. Increasing penalties
B.Decriminalisingg minor offences
C. Tax hikes
D. Education reforms
✅ Answer: B
37. Decriminalisation supports which professional role?
A. Engineers
B. Lawyers & CS
C. Doctors
D. Teachers
✅ Answer: B
38. Regulatory simplification increases demand for:
A. Manual labour
B. Governance professionals
C. Foreign consultants
D. Politicians
✅ Answer: B
39. Budget’s skilling focus improves CS employability in:
A. Compliance advisory
B. Sports management
C. Film industry
D. Agriculture labour
✅ Answer: A
40. Corporate law reforms are monitored by which ministry?
A. Ministry of Finance
B. Ministry of Corporate Affairs
C. Ministry of Law
D. NITI Aayog
✅ Answer: B
🔹 Section E: UPSC & UGC-NET Oriented MCQs (Q41–80)
41. “Viksit Bharat” primarily refers to:
A. Military power
B. Developed economy with inclusive growth
C. Only GDP growth
D. Urban development
✅ Answer: B
42. Education investment is categorised under:
A. Revenue expenditure
B. Capital expenditure
C. Subsidy
D. Grants-in-aid only
✅ Answer: A
43. AI Centre of Excellence reflects which governance model?
A. Welfare state
B. Tech-driven governance
C. Laissez-faire
D. Colonial model
✅ Answer: B
44. The budget speech is delivered in Parliament under:
A. Rajya Sabha only
B. Lok Sabha
C. Joint session
D. President’s address
✅ Answer: B
45. Education is a subject under which list?
A. Union List
B. State List
C. Concurrent List
D. Residuary List
✅ Answer: C
46. Skill development supports which constitutional goal?
A. DPSPs
B. Fundamental Rights
C. Fundamental Duties
D. Emergency provisions
✅ Answer: A
47. Which policy document precedes the Budget?
A. Finance Bill
B. Memorandum
C. Economic Survey
D. Appropriation Bill
✅ Answer: C
48. Increased IIT capacity reflects which development approach?
A. Human capital formation
B. Import substitution
C. Disinvestment
D. Monetization
✅ Answer: A
49. Digital education supports which SDG?
A. SDG 4
B. SDG 7
C. SDG 9
D. SDG 13
✅ Answer: A
50. Regulatory reforms promote:
A. Command economy
B. Ease of Doing Business
C. Protectionism
D. Central planning
✅ Answer: B
🔹 Section F: Mixed Conceptual MCQs (Q81–100)
81. Finance Bill is a:
A. Ordinary Bill
B. Constitutional Amendment Bill
C. Money Bill
D. Private Bill
✅ Answer: C
82. Education cess proceeds are used for:
A. Defence
B. Infrastructure
C. Health and education
D. State grants
✅ Answer: C
83. AI in education mainly enhances:
A. Memorization
B. Personalised learning
C. Manual checking
D. Paper-based exams
✅ Answer: B
84. Digital textbooks reduce:
A. Knowledge
B. Accessibility
C. Cost and language barriers
D. Learning outcomes
✅ Answer: C
85. Budget announcements are legally implemented through:
A. Notifications
B. Finance Act
C. Circulars
D. Press releases
✅ Answer: B
86. Which professional benefits from both law & technology reforms?
A. CS
B. Architect
C. Farmer
D. Journalist
✅ Answer: A
87. Skilling initiatives support which demographic dividend?
A. Elderly population
B. Youth population
C. Migrant workers
D. Retired professionals
✅ Answer: B
88. Governance reforms reduce:
A. Transparency
B. Accountability
C. Compliance burden
D. Professional roles
✅ Answer: C
89. Budget is a reflection of:
A. Political ideology only
B. Economic policy
C. Judicial intent
D. Corporate strategy
✅ Answer: B
90. Education reforms ultimately aim at:
A. Short-term growth
B. Long-term nation building
C. Election gains
D. Revenue collection
✅ Answer: B
🎯 MCQs 91–100 (Rapid Fire)
-
CS course focuses on Corporate Governance
-
AI + Compliance = Smart Governance
-
Finance Bill explained by — Memorandum
-
Digital education promotes — Inclusivity
-
Broadband in schools supports Online learning
-
Education spending creates Human capital
-
Budget speech is a policy statement
-
CS relevance increases with — Regulatory reforms
-
Union Budget validity — One financial year
-
Education reforms + Governance = Future-ready professionals
CS Executive Exam – 50 Important Questions & Answers
(High-Scoring | Updated | Student-Friendly)
🔹 PART A: Company Law (Q1–20)
Q1. Define “Company” under the Companies Act, 2013.
Answer:
As per Section 2(20) of the Companies Act, 2013, a company means a company incorporated under this Act or under any previous company law.
Q2. What is the meaning of “Body Corporate”?
Answer:
Body corporate includes a company incorporated outside India, but does not include a cooperative society or any other body corporate notified by the Central Government.
Q3. State the minimum number of members required to form a private company.
Answer:
Minimum two members are required to form a private company.
Q4. Distinguish between Memorandum of Association and Articles of Association.
Answer:
The Memorandum defines the scope and objects of the company, while Articles regulate the internal management of the company.
Q5. What is the Doctrine of Ultra Vires?
Answer:
Any act performed beyond the objects stated in the Memorandum of Association is ultra vires and void, even if approved by shareholders.
Q6. Who can be appointed as a director in a company?
Answer:
An individual who is not disqualified under Section 164 and has obtaineda DIN can be appointed as a director.
Q7. What is the maximum number of directors in a company?
Answer:
A company can have a maximum of 15 directors, which can be increased by passing a special resolution.
Q8. Explain the term “Independent Director”.
Answer:
An Independent Director is a non-executive director who does not have any material pecuniary relationship with the company.
Q9. What is Key Managerial Personnel (KMP)?
Answer:
KMP includes the CEO, MD, Company Secretary, CFO, and such other officers as prescribed under Section 2(51).
Q10. What is the role of a Company Secretary under the Companies Act, 2013?
Answer:
A Company Secretary ensures legal compliance, corporate governance, and advisory support to the Board.
Q11. Define “Meeting”.
Answer:
A meeting is a lawful assembly of persons to transact business after due notice and quorum.
Q12. What is the quorum for a Board Meeting?
Answer:
Quorum is one-third of the total strength or two directors, whichever is higher.
Q13. What is the time limit for holding the first AGM?
Answer:
First AGM must be held within 9 months from the end of the first financial year.
Q14. What is the penalty for non-filing of the annual return?
Answer:
The company and officers in default are liable to a penalty as prescribed under Section 92.
Q15. Define “Dividend”.
Answer:
Dividend refers to the portion of profits distributed among shareholders as per Section 2(35).
Q16. What is a Secretarial Audit?
Answer:
Secretarial Audit is an audit to check compliance with applicable laws and is mandatory for prescribed companies under Section 204.
Q17. Explain the concept of One Person Company (OPC).
Answer:
OPC is a company with only one member, allowing individual entrepreneurs to enjoy corporate benefits.
Q18. What is the importance of Corporate Governance?
Answer:
Corporate Governance ensures transparency, accountability, and protection of stakeholder interests.
Q19. What is the meaning of “Related Party Transaction”?
Answer:
Transactions between the company and related parties as defined under Section 2(76).
Q20. What is CSR?
Answer:
CSR refers to the obligation of certain companies to spend 2% of their average net profits on social welfare activities.
🔹 PART B: Economic & Commercial Laws (Q21–35)
Q21. Define “Consumer” under the Consumer Protection Act, 2019.
Answer:
A consumer is a person who buys goods or avails services for consideration but not for commercial purposes.
Q22. What is the objective of the Competition Act, 2002?
Answer:
To prevent anti-competitive practices and promote fair competition in markets.
Q23. What is abuse of dominant position?
Answer:
When an enterprise misuses its market power to restrict competition.
Q24. What is FEMA?
Answer:The
Foreign Exchange Management Act regulates foreign exchange transactions in India.
Q25. Define “Export of Services”.
Answer:
Services provided from India to a person outside India with receipt of consideration in foreign exchange.
Q26. What is meant by “Ease of Doing Business”?
Answer:
Simplification of regulatory processes to promote business efficiency and compliance.
Q27. What is the role of RBI under FEMA?
Answer:
RBI regulates foreign exchange transactions and capital account transactions.
Q28. Define “Cyber Law”.
Answer:
Cyber Law governs legal issues related to the use of computers, the internet, and digital transactions.
Q29. What is digital governance?
Answer:
Use of technology to improve governance efficiency and transparency.
Q30. What is the objective of the decriminalisation of minor offences?
Answer:
To reduce compliance burden and promote ease of living and business.
Q31. What is the meaning of “Sustainable Development”?
Answer:
Development that meets present needs without compromising future generations.
Q32. What is ESG?
Answer:
Environmental, Social, and Governance criteria are used to evaluate corporate sustainability.
Q33. What is the significance of MSMEs?
Answer:
MSMEs generate employment and contribute to economic growth.
Q34. What is the purpose of Skill India Mission?
Answer:
To equip youth with employable skills.
Q35. How do economic laws support CS professionals?
Answer:
They expand advisory, compliance, and governance roles for CS.
🔹 PART C: Corporate & Management Accounting (Q36–50)
Q36. Define Cost Accounting.
Answer:
Cost Accounting involves the classification and control of costs to determine profitability.
Q37. What is the Break-even Point?
Answer:
The level of sales at which total cost equals total revenue.
Q38. What is Marginal Cost?
Answer:
Additional cost incurred in producing one extra unit.
Q39. What is Budgetary Control?
Answer:
A system of planning and controlling costs through budgets.
Q40. Define Cash Flow Statement.
Answer:
A statement showing inflows and outflows of cash during a period.
Q41. What is Working Capital?
Answer:
The difference between current assets and current liabilities.
Q42. What is Capital Budgeting?
Answer:
Process of evaluating long-term investment decisions.
Q43. What is Management Accounting?
Answer:
Accounting for managerial decision-making.
Q44. What is Responsibility Accounting?
Answer:
System of accounting based on responsibility centres.
Q45. What is Standard Costing?
Answer:
Technique of comparing actual costs with predetermined standards.
Q46. What is Corporate Reporting?
Answer:
Disclosure of financial and non-financial information to stakeholders.
Q47. Why is compliance reporting important?
Answer:
Ensures legal conformity and avoids penalties.
Q48. What is the relevance of AI in accounting?
Answer:
Improves accuracy, speed, and compliance monitoring.
Q49. What is internal control?
Answer:
System designed to safeguard assets and ensure reliable records.
Q50. Why is a CS important in corporate management?
Answer:
A CS acts as the chief compliance officer and governance professional.
CS Executive – 15 Marks Descriptive Answers
(Exam-Oriented | Structured | Updated)
Q1. Explain the Doctrine of Ultra Vires and its significance under the Companies Act, 2013.
Answer:
Meaning of the Doctrine of Ultra Vires
The Doctrine of Ultra Vires means “beyond the powers”. Any act performed by a company which is beyond the objects stated in its Memorandum of Association is said to be ultra vires.
Legal Basis
Under the Companies Act, 2013, the Memorandum of Association (MOA) defines the scope of activities of a company. The company cannot act beyond it.
Effects of Ultra Vires Acts
-
Such acts are void ab initio
-
Cannot be ratified even by unanimous consent
-
Directors become personally liable
-
Company funds must be restored
Significance
-
Protects shareholders and creditors
-
Prevents misuse of company funds
-
Ensures corporate discipline
Conclusion
The doctrine acts as a safeguard mechanism, ensuring companies function strictly within their legal authority.
Q2. Discuss the role and responsibilities of a Company Secretary under the Companies Act, 2013.
Answer:
Meaning
A Company Secretary (CS) is a Key Managerial Personnel under Section 2(51) of the Act.
Statutory Role
-
Ensuring compliance with company law
-
Advising the Board on governance matters
-
Conducting Board and General Meetings
-
Filing statutory returns
-
Maintaining statutory registers
Strategic Role
-
Corporate governance advisory
-
Risk management
-
Stakeholder communication
-
ESG and sustainability compliance
Importance
A CS acts as a bridge between management, regulators, and stakeholders.
Conclusion
The Company Secretary is the chief compliance officer and governance professional of the company.
Q3. Explain Corporate Governance and highlight its importance in modern companies.
Answer:
Meaning
Corporate Governance refers to the system by which companies are directed and controlled.
Principles
-
Transparency
-
Accountability
-
Fairness
-
Responsibility
Importance
-
Protects stakeholder interests
-
Enhances investor confidence
-
Prevents corporate frauds
-
Improves long-term sustainability
Role of CS
A Company Secretary plays a crucial role in implementing governance frameworks.
Conclusion
Good corporate governance is essential for ethical, sustainable, and transparent corporate functioning.
Q4. What is a Secretarial Audit? Explain its objectives and scope.
Answer:
Meaning
Secretarial Audit is an audit of compliance with laws applicable to a company.
Legal Provision
Section 204 of the Companies Act, 2013.
Objectives
-
Ensure legal compliance
-
Detect non-compliances
-
Promote good governance
-
Reduce legal risks
Scope
-
Companies Act
-
SEBI Regulations
-
FEMA
-
Labour laws
Conclusion
Secretarial Audit strengthens corporate compliance and governance culture.
Q5. Discuss the provisions relating to Directors’ appointment and disqualification.
Answer:
Appointment
-
Individual only
-
DIN mandatory
-
Consent to act required
Disqualification (Section 164)
-
Unsound mind
-
Insolvency
-
Conviction
-
Non-filing of financial statements
Importance
Ensures competent and ethical management.
Conclusion
Proper appointment and disqualification rules ensure effective corporate leadership.
Q6. Explain the concept of Corporate Social Responsibility (CSR).
Answer:
Meaning
CSR refers to corporate responsibility towards society.
Applicability
-
Net worth ≥ ₹500 crore
-
Turnover ≥ ₹1000 crore
-
Net profit ≥ ₹5 crore
CSR Obligation
-
Spend 2% of average net profits
-
CSR Committee required
Importance
-
Inclusive growth
-
Corporate citizenship
-
Social accountability
Conclusion
CSR integrates business goals with societal welfare.
Q7. Explain “Ease of Doing Business” and its relevance to CS professionals.
Answer:
Meaning
Ease of Doing Business refers to the simplification of laws and procedures.
Measures
-
Decriminalisation of offences
-
Digital filings
-
Reduced compliances
Relevance to CS
-
Advisory role
-
Compliance management
-
Regulatory interpretation
Conclusion
CS professionals play a central role in implementing EoDB reforms.
Q8. What is the importance of Economic Laws for Company Secretaries?
Answer:
Meaning
Economic laws regulate business and trade activities.
Key Laws
-
Competition Act
-
FEMA
-
Consumer Protection Act
Importance
-
Legal advisory
-
Compliance monitoring
-
Corporate strategy
Conclusion
Economic laws expand the professional scope and relevance of CS.
Q9. Explain the significance of Artificial Intelligence in corporate governance and compliance.
Answer:
Meaning
AI refers to technology that simulates human intelligence.
Applications
-
Compliance automation
-
Risk analysis
-
Smart reporting
Benefits
-
Accuracy
-
Speed
-
Cost efficiency
Conclusion
AI enhances future-ready governance and compliance systems.
Q10. Discuss the importance of education and skill development in nation-building.
Answer:
Meaning
Education and skills form the foundation of human capital.
Government Initiatives
-
Digital education
-
Skill India
-
AI in education
Role of Professionals
CS professionals contribute through governance and policy compliance.
Conclusion
Education and skilling are vital for sustainable economic development.
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