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Professional Practice and Ethics
Q.4 Define ethics. What is the goal of ethics ?
Ans.: Ethics
'* Ethics is defined as the process of determining right
and wrong conduct. The discipline dealing with
what is good and bad and with moral duty and
obligations.
Goal of ethics
© The discovery of the set of justified moral principles
‘of obligation, rights and ideals that ought to be
endorsed by the engineers and apply them to
concrete situations.
1.2 ; Professional Ethics - Engineering
Ethics, Personal Ethics
Q.2 Explain engineering ethics.
‘Ans, : Engineering ethics
© Engineering ethics is the set of rules and guidelines
that engineers adhere to as a moral obligation to
their profession and to the world
Engineering is a professional career that impact,
lives. When ethics is not followed, disaster often
‘occurs; these disasters not only include huge
‘monetary costs and environmental impacts, but also
often result in the loss of human life.
‘* Engineering ethics is the study of the moral issues
and decisions confronting individuals and
organizations engaged in engineering and study of
related questions about the moral ideas, character,
policies, relationship of people and corporations
involved in technological activities.
‘* Engineering ethics applies to every engineer and is
very important.
Q.3 Define professional ethics.
Ans.: Professional ethics
* Professional ethics is a continuous process; it is a
way of reviewing behaviour against constantly
changing standards.
* What may be ethical today, in a particular society.
may be viewed differently by others at another
time,
© This can be influenced by a lot of parameters such
as codes of conduct, legal systems, wider public
interests ete.
Q4 Explain the following terms
a) Personal Ethics
b) Professional ethics
©) Engineering ethics
‘Ans.: a) Personal ethics :
* Personal ethics refers to the ethics that a person,
identifies with in respect to people and situations
that they deal with in everyday life.
b) Professional ethics :
* Professional ethics refers to the ethics that a person
‘must adhere to in respect of their interactions and
business dealings in their professional life.
©) Engineering ethics :
© Engineering ethics is defined by the codes and
standards of conduct endorsed by engineering
(professional) societies with respect to the particular
set of beliefs, attitudes and habits displayed by
individual or a group.
Q.5 Give difference between business ethics ;
professional ethics.
Ans.: Business ethics vs professional ethics
* Business ethics change over time and are d
by whether a certain practice is regarnen tie mk
es the sik, Hbrrins organize 1°
al or disapproval by others in e
: the professi ;
‘Examples include top leasing; lawyer meee information, etc)
ries ethics are unchanging rules that go to» Members. set and follow a stand
Ahead %6 that a certain profession carrying on their occupational Wor i
Se ie te | of these standards must go Beyer’
enforcing professional ethics enable a trade group etplace, ordinary morally (what
to be elevated to the level of a profession. what te ma 3 1h pa
~ sa ea 1 ordinary moral ee
[113 : Code of Ethics - Profession, | opinion demand. ie # ond ae ea
| Professionalism, Pi to fulfill the terms 0
| eee profesional solder must serve fis county
ibilit |
po tee | honorably, even when ordinary morality, law, and
Q6 Define profession. Explain characteristics of a public opinion do not require it)
aa These speciél standards are morally binding fo
Bess geroteasion : “profeseed” members of the profession. If a member
freely declares (or professes) herself to be part of 2
profession, she is voluntarily implying that she wall
follow these special moral codes.
ards for
At least one
eA Profession is defined as a calling requiring
specialized knowledge and often long and intensive
academic preparation.
If the majority of members of a profession follow
the standards, the profession will have a good
reputation and members will generally benefit; if
the majority of members violate these voluntary
standards, professed members of a profession will
be at a disadvantage or at the least receive no
Characteristics of a profession include benefit from declaring a profession.
1) Advanced expertise - Sophisticated skills and
technical knowledge. For this formal education,
training, continuing education and updating is
required.
‘Any occupation, job, vocation that requires
advanced expertise (skill and knowledge),
Self-regulation and concerted service to the public
good is called profession. It brings high status
socially and economically
© A. professional is a member of an occupational
group (characterized above) who
= Sees other members, including those employed
elsewhere, as peers/coll
2) Self-regulation - Professional societies play Pattee ee
important role in setting standards for admission
to profession; drafting codes of ethics; enforcing
standards of conduct and representing the
profession before the public and government.
= Exercises judgment in the performance of
‘occupational tasks and follows relevant
professional standards.
- Accepts the profession's agreement to work in
a morally permissible way (often expressed as
3) Public good - The occupation provides important ‘a code of ethics) as determining in part the
public good by concerted efforts to maintain obligations of the role.
ethical standards. Eg: Engineers provide products
and they do projects for public welfare) health
and safety
6 Explain the terms : Professional and
Professionalism. :
‘Ans: Professional and Professionalism :
Q7 When occupation becomes profession ? .
Ans. : An occupation becomes a profession when - Frofessionalls
A group of individuals sharing the same occupation © Relates to person! or any work Hal 8 pesado
organize to work in a morally permissible way, or ‘on profession and which requires expertise (skills
to work to support a moral ideal. (ie. Doctors and knowledge), self-regulation and results in
public good.
TECHNICAL PUBLICATIONS® - an up-thrust for knowledge* Professionalism is defined as the conduct, aims, or
ualites that characterize or mark a profession or a
professional person,
lk is the status of a professional which implies
certain attitudes or typical qualities that are
expected of a professional
* According to Macintyre - professionalism is defined
as the services related to achieving the public good,
in addition to the practice of the knowledge of
moral ideals.
Q9 Explain purpose of code of conduct for
professional persons.
Ans.: The purpose of the code of conduct is as
follows -
1. To increase professional and ethical consciousness
among engineers and their sense of ethical
responsibility;
To guide engineers in making more informed
ethical choices; and
To help the Engineering profession itself function
at the fullness of its potential.
* As professionals, engineers commit themselves to
Supporting and acting in accordance with ethical
guidelines covering the following six main areas
L Competency
TIL Public Interest
V. Dignity of the profession
IL Integrity
IV. Environment
VI. Administrative
Q.10 Explain types of responsibilities.
Ans. : Types of responsibilities : There are different
types of responsibilities exhibited in human
transactions which include :
1) Moral responsibility : A professional must be
responsible morally in creating internal good or
good’ outcomes and minimizing side-effects from
engineering and technology. These include :
) Obligations : A commitment or moral actions
b) Conscientious : A comprehensive outlook to
accept the duties and carefully, do the tight
things by putting their heart, head and hand.
) Accountability : Being answerable,
4) Praiseworthy/Blameworthy: (same as above)
2) Causal responsibility
Pro
Must take
responsibility for the cause. Eg : A
negligence has caused some mishap. We
take up this causal responsibility.
3) Job responsibility : Comprises of assigned
in the place of employment. ;
4) Legal responsibility : It is the response required
by law and includes legal obligations and
accountability to meet them. Many of these
overlap with moral responsibilities.
i Conflict of Interest, Gift Vs Bribery
Q.11 What is a conflict of interest ?
Ans.: Conflict of interest -
© A conflict of interest involves circumstances where
an individual's professional actions or decisions at
the library could be influenced by considerations of
personal gain, usually of a financial nature, as a
result’ of interests outside their ‘library
responsibilities
Q.12 Explain the meaning of conflict of interest.
Explain some common forms of conflict of
interest.
Ans.: Conflict of interests :
* Conflict of Interest (COI) is an ethical challenge that
occurs when an individual or organization is
involved in multiple interests that are at odds with’
one another.
It occurs when the employee has more than one
interest. The situation may arise when a
professional has an interest that if pursued might
prevent him from meeting his obligations to his
employers or clients, for example, an electrical
engineer working in a state electricity board may
have a financial interest in a company
supplies electrical instruments,
*A conflict of interest is different from
interests.
* COI is especially problematic in situations in
someone in a position of trusteg, a
lanyer-who has competing profesional
interests. ifsa Practice Law on Ethics
These competing interests make it
pehalf of one interest without c
integrity of the other,
‘common forms of conflict of interest
o The following are some of the most common forms
of conflict of interest :
. a) Self-dealing, in which an official who controls
an organization causes it to enter into a
| transaction with the offical, or with another
onganization that benefits the offical, ie, the
official is on both sides of the "deal"
. ¥) Outside employment, in which the interests of
ane job contradict another.
| ¢) Family interests, in which a spouse, child, or
other close relative is employed (or applies for
| employment) or where goods or services are
purchased from such a relative ot a firm
controlled by @ relative. For this reason, many
employment applications ask if one is related
to a current employee. In this event, the
relative may be recused from any hiring
decisions. Abuse of this type of conflict of
interest is called nepotism
4) Gifts from friends who also do business with
the person receiving the gifts (may include
non-tangible things of value such as.
transportation and lodging)
hard to act on |
‘ompromising the
Q.13 Explain types of conflicting interests.
Ans.: ‘Types of conflicting interests : Following are
important types of conflicting interest.
1. Actual conflict of interest :
© This refers to the situation where the objective is
list in decision making, and the inability to
discharge the duty to the employer. It is the result
of weaker judgment and service.
A civil engineer working in the public works
department has a financial interest in a contracting
‘company, which has submitted a bid for the
onstruction of a bridge.
"There may be a variety of outside interest. But the
conflict arises when the outside interest influences
‘r threatens the professional judgment in serving
__ the employer or clients.
Profesional Practice and EDS
2. Apparent conflict of interest : ; ie
on explained in the following ae cs
engineer is paid based on a percent of see at
the design and there is no incentive for aes
the costs. In this situation, it appeats aa
engineer makes the design more expensive In
to get larger commission for him. :
This situation leads to doubting the engineers
interest and ability for professional judgment.
3. Potential conflict of interest :
‘There are situations where the interest of an
employee extends beyond the current employer and
into the interest on one's spouse, relative or friend.
© The interest changes into intimacy and subsequent
non-moral judgments against the interest of the
employer and in favour of the outsider or even 2
potential competitor.
a) Favourable contact : This happens when the
engineer has partial or substantial stockholding
in the business of that contractor or supplier.
b) Bribe and Gift : The conflict arises when
accepting large gifts from the suppliers. Bribe
is different from a gift. The following table
shows a comparison of the nature of bribe and
gift. Codes of ethics do not encourage even
gifts, but employees have set forth flexible
policies. Government and company policies
generally ban gifts more than a nominal value,
‘An additional thumb rule is that the acceptance
of gift should not influence one's judgment on
merit.
©) Moonlighting : It is a situation when a person
is working as employee for two different
companies in the spare time. This is against the
right to pursue one's legitimate self-interest. It
will lead to conflict of interests, if the person
‘works for competitors, suppliers or customers,
while working under an employer. Another
effect of moonlighting is that it leaves the
person exhausted and harms the job
performance in both places.
4) Insider information : Another potential conflict
of interest is when using ‘inside’ information to
establish a business venture or get an
advantage for oneself or one’s family
friends. The information may be either of the
parent company or its clients or its business1-5
engineers might inform the The purpose of the kickback is usually
detision on the company's merger with another the other party to cooperate in the illegal
company or acquisition or an innovative
strategy adopted. In such cases, their friends
get information on stock holding and decide on
trading their stocks to sell or buy quickly, so
that gain more or prevent a loss. For example,
in WorldCom USA, the insider information | "4H the sight decision? ee
was used to manipulate and sell a large | Ans: Difference between business sift
amount of stock holding by the Director, upon __ Gift is given to someone without any expectation
knowing that the government has declined to return. Value of gift are often based on closeness it
admit their product. relation, time of gifting, economic condition of giver
and receiver.
Q.15 What is the difference between an
business gift and a bribe? What kind of n
structures should an organisation have in pl
help its employees avoid ethical dilemmas
Q.14 Explain the meaning of : a) Bribery
b) Kickback * Bribe is given with expectation of favour toward
Ans.: a) Bribery giver. Its economic value are incoherent to closeness
© Bribery is the act of giving money, goods, or other in relation, timing (inappropriate timing) and costly.
forms of compensation to a recipient in exchange * Business gifts may be a costly cricket match ticket,
for an alteration of their behaviour (to the desk clock, sweets or even a cash envelope. Timing
benefitfinterest of the giver) that the recipient of such gifts makes them bribe. Suppose a gift from
would otherwise not alter someone just before you are going to roll-out a
© Many types of payments or favours can constitute tender, a calendar and desk accessories with bold)
bribes: tips, gifts, favours, discount, waived fees, name of pharma companies to) dine srasa aaa
> free foods, free advertising, free trips, free tickets, are actually bribe and not gift
donations, campaign contribution, Many MNC organisations have come up with
sponsorship/backing, higher paying job, stock norms and structures already. Some norms which
options, secret commission, or promotions. are still needed are :
* The key to identifying bribery is that it is intended _* Reporting to department about any gifts that is
to alter the recipient's behaviour. received from whom, value and date details. Any
* The simplest form of bribery: a parent who tells a sifts above certain monetary values should be
child that if he behaves while at the grocery store, avoided,
he will get ice cream or a toy. This is a common __# No gifts received with brand name should be pt
and mostly harmless form of bribery, but does it set on desk as it will tamish the image
the tone for expecting a future favour in exchange official/public servant for lenient toward
for good behaviour? In business, bribery can be brand.
very subtle,
* Provision of filing gift tax by receiver,
by Kickback : department should tally the gift received
© A kickback is a form of negotiated bribery in which mentioned in department books and filed
a commission is paid to the bribe-taker in exchange receiver. Failure to file tax for gift should be
for services rendered. Generally speaking, money, seriously.
goods, or services handed over are negotiated * Scrutiny of gifts received by officials
ahead of time. checking of property declaration
© The kickback varies from other kinds of bribes in Repeated gift from same person should
that there is implied collusion between agents of
iteitu patties, rather than one party extorting theQ.46 Explain meaning of
lawful
Ans.: Lawful gift . a
Giving 2 gift to a public official can be troublesome
because of the intent of the giver in that situation
When it is unclear or there is a hint of a corrupt
intent, an investigation can ensue. In theory, there
18 a clear distinction because of the intent of the
giver.
* However, in practice, it can get murky. It is tisky to
Rive something of value to a person in a position of
authority, in a position to make some decision or
take some action in their official capacity as a
public official,
1 Environmental Breaches,
Negligence, Deficiencies in
State-of-the-Art; Vigil Mechanism,
Whistle Blowing, Protected
Disclosures
Q.17 Explain environmental breaches or violations.
Ans.: Environmental breaches -
Environmental crime refers to the violation of laws
intended to protect the environment and human
health.
© These laws govern air and water quality and dictate
the ways in which the disposal of waste and
hazardous materials can legally take place.
* Individuals or corporations can be found guilty of a
white-collar crime when violations of environmental
‘* An environmental breach or violation occurs when
‘an activity or an existing condition does not comply
with an environmental law or regulation.
Environmental violations can include (but are not
limited to) :
) Smoke or other emissions from local industrial
facilities;
b) Tampering with emission control or air
conditioning systems in automobiles;
©) Destruction of wetlands,
contamination
ground water
4) Improper treatment, storage, or waste-disposal
of hazardous wastes;
©) Dumping into oceans, streams, lakes, or rivers
f) Exceedances of pollutant limits at
Publicly-owned wastewater trectment plants;
8) Unpermitted dredging or filling of waters and
wetlands;
h) Any unpermitted industrial actvity;
') Late night dumping or any criminal activity
including falsifying reports or other documents,
i) Improperly handling pesticides or other toxic
chemicals
k) Falsifying lab data pertaining to environmental
regulations
Q.8 State the objectives and scope of vigil
mechanism policy.
Ans. : Objectives of vigil mechanism -
© The vigil mechanism aims to provide a channel to
the Directors and employees to report genuine
concerns about unethical behaviour, actual or
suspected fraud or violation of the Codes of
Conduct or policy,
* The company must be committed to adhere to the
highest standards of ethical, moral and
conduct of business operations and in order
maintain these standards, the '
encourage its employees whoScope of Vigil mechanism policy
'* The Policy covers disclosure of any unethical and
improper or malpractices and events which have
taken place/ suspected to take place involving :
a) Breach of Business Integrity and Ethics
) Breach of terms and conditions of employment
and rules thereof
©) Intentional Financial irregularities, including
fraud, or suspected fraud
4) Deliberate violation of laws/regulations
) Gross or Wilful Negligence causing substantial
and specific danger to health, safety and
environment
f) Manipulation of company data/records
8) Pilferation of confidential/propriety information
hh) Gross Wastage/misappropriation of Company
funds/assets
Q.19 What is whistle blowing ? Explain aspects of
whistle blowing. Explain types of whistle blowing.
Under which situation whistle blowing is justified ?
Ans.: Whistle blowing -
© Whistle Blowing is defined as conveying
information by an employee, on an important moral
problem to somebody in a position to take on the
problem. Further this is done outside the approved
organization channels.
* A whistle blower is a person who exposes any kind
of information or activity that is deemed illegal,
unethical, or not correct within an organization that
is either private or public.
‘* Many whistle blowers have stated that they were
motivated to take action to put an end to unethical
practices after witnessing injustices in their
businesses or organizations. In addition to ethics,
social and organizational pressure are a motivating
force.
Aspects of whistle blowing
© There are four aspects of whistle blowing, namely :
1, Basis of disclosure : The basis for disclosure
be intentional, or under pressure from
or others not to disclose.
business ie It can be a threat
employees’ health, safety and
criminal activity, or unethical
practices, or an injustice to the worke
the organization.
Agent : The person disclosing the inform
may be a current or former employee
person having a close link to the organi
4, Recipient : The person or organization,
receives the information, is in a position
remedy the problem or alert the affects
parties, Usually, the recipients are not aware of
the information fully or even partially.
Types of whistle blowing
«Based on the destination (recipient),
blowing is classified into types as :
(@) Intemal : In this case, the information
conveyed to a person within the orga
but beyond the approved channels.
(b) Extemal : This happens when the informat
is transmitted outside the organization,
recipient may be a municipal chairman
member of legislature or minister. It becomes
severe if the information reaches the press and _
through them the public The damage is
maximum and sometimes poses difficulty it
remedying the situation.
* Based on the origin or source (agent), this can
divided into three types, as follows ;
(a) Open : The originator reveals his identity
he conveys the information, This information
reliable and true, but sometimes partially true,
(b) Anonymous : The identity is concealed. TI
information may or may not be true, But
agent anticipates perhaps some repression
threat, if identity is revealed.
(©) Partly anonymous (or partly open) :
situation exists when the individual x
identity to the journalist, but is tl
name be withheld from others,
Under which Whistle blowing is
* Under the followingimmediate
response was forthcoming from
reasonable time.
satisfactory
them, within a
4, Regular channels within the organization have
been used to transport the information to the
highest level of managements and information
has reached them. Situations 3 and 4 may not
be appropriate, when one's supervisors are the
main source of the problem or wi
demands that regular channels ar:
only add the delay
5. There is a reasonable hope that the whistle
Blowing can prevent or remedy the damage
existing or anticipated
yhen urgency
© expected to
‘Professional societies, unions and some central laws
are there to protect the genuine whistle blowers,
but the route is full of adventure. Laws alone are
not sufficient. The engineers and other employees
have to act as watch dogs and provide necessary
legal assistance to the blowers.
©The IEEE has taken active roles by assisting the
‘members, backing them when they are to face legal
Proceedings, helping the engineers discharged
unjustly and honouring the courageous whistle
blowers with public recognitions,
* Whistle Blowers have to consider -
a) The personal obligation to family
b) Right to pursue one’s career and
6) Sometimes sacrifice, before this venture,
020 Is there specific legislation in place relating
10 whistleblowing ?
Ans, :
* The Whistleblower Protection Act, 2014 was enacted
to enable any person to disclose to a Competent
thority, acts of corruption or wilful misuse of
public servant.
‘This Act is intended to protect those sae
public interest disclosure relating to an a\
corruption or wilful misuse of power or wilful
misuse of discretion by a public servant.
* The Whistleblowers Protection (Amendment) Bill,
2015 was introduced in Lok Sabha on May 11, 2015
and passed in that House on May 13, 2015. The
Bill amends the Whistleblowers Protection Act,
2014,
Q.21 What is whistleblowing ? State its benefits.
‘Ans. : Whistleblowing :
*Whistleblowing is an act of disclosure of
information to public, generally of activities of an
organization that are against public interest and’
whistle blowers are the persons who divulges
‘wrong doing, fraud, corruption or mismanagement.
*The concept of whistle blowing comes into
existence when companies or management involve
themselves in illegal or unethical practices or
wrongdoing in the work place to gain competitive
edge over the rival companies.
Benefits of Whistieblowing Policy
1, Fostering good governance by encouraging
employees to escalate deceitful actions by
colleagues/ seniors/third parties,
2
Promotion of the organizational values thus
nurturing a culture of openness in workplace,
3. Sending a clear message that severe action will
be taken against unethical and fraudulent acts.
4. Dissuading employees from committing fraud by
instilling fear of unfavorable consequences when.
caught. :
5. Early alerts to diffuse a potentially larger
disaster.
Q.22 What is Whistleblowing in the Workplace ?
‘Ans. : Whistleblowing in the Workplace -
+ Whistleblowing is the term used when a
raises a concer about a relevantworker's attention in connection with the worker's
employment.
* Relevant wrong doings are broadly defined in the
Act and include the following :
1) Commission of an offence - has happened, is
happening, or is likely to happen;
2) Failure to comply with any legal obligation
(other than one arising under the worker's
contract of employment);
3) Miscarriage of justice;
4) Health and safety of any individual;
5) Misuse of public money;
6) Gross mismanagement by public body;
7) Damage to the environment;
8) Destruction or concealment of information
relating to any of the above
Q.23 Elaborate protected disclosure under whistle
blower Act.
Ans.: Protected disclosure -
* The Protected Disclosures Act 2014 aims to protect
people who raise concems about possible
wrongdoing in the workplace.
* The Act, which came into effect on 15 July 2014, is
often called the whistleblower legislation.
© The Act provides for redress for employees who are
dismissed or otherwise penalised for having
reported possible wrongdoing in the workplace.
* It is important to note that in order to enjoy the
protections of the Act, disclosures must be made in
accordance with the provisions set out in the Act
* The Act's definition of the term worker includes :
1, Employees or former employees
2. Trainees
3, People working under a contract for services
4, Independent contractors
5, Agency worker
6. Civil and Public Servants
The Act as for a stepped disclosure process
h the objective that disclosure should be,
er possible, made at workplace level to the
of
riate person.
«The At provide eam d
worker in line with the channels se
legislation, a worker is protected from
by the employer.
* Penalisation is defined in the Act and
example :
a) Suspension/Layoff/Dismissal;
b) Demotion;
) Transfer of duties, change of location,
in working hours, reduction in wages;
d) Imposition of reprimand, discipline or ol
penalty;
e) Unfair treatment;
) Discrimination;
g) Harassment, threat of reprisal.
1.6: Introduction to GST - Various
Roles of Various Stake Holders
Q.24 What is GST ? State types of GST.
of India's adoption of GST.
Ans,; GST -
* GST is known as the Goods and Services Tax. Th
Goods and Services Tax (GST) is a uniform it
tax levied on goods and services across the
* Goods and Services Tax Law in India
comprehensive, multi-stage, destination-based
single domestic indirect tax law for the e
country,
*GST is a multistage tax system
comprehensive in nature and applied on
goods and services,
‘* GST has replaced central taxes like
service tax, additional duties of excise ar
special additional duty of customs,
and surcharges, on supply of g
Components of GST2 State GST : SGST is ey
products or services Selthin sae the sale of
43, Integrated GST : IGST is leyieg |
interstate basis typically attracts Torreon ot
consideration thereof. {CST on the
4, Union Territory Goods and
UTGST is levied on the suppl eet
Banices in any of the Uni Tema
e tor it
country, viz. Andaman and Nicobar Ietrae
Daman and Diu, Dadra and Nagar Toa
Lakshadweep, and Chandigarh. UTGST i,
levied along with CCST i
India's Adoption of the Goods and Services Tax (GST)
«On September 16, 2016, Government of India issued
notifications bringing into effect all the sections of
Constitutional (122nd Amendment) Bill setting
fimly into motion the rolling out of GST. This
notification sets out an outer limit of time of one
year, that is tll 15-9-2017 for bringing into effect
GST.
eindia established a dual GST structure in 2017,
under their “one nation, one tax” reform, which was
the biggest reform in the country’s tax structure in
decades.
«The development of GST took many consultations,
negotiations and revisions before it was launched in
its final form in 2017.
The main objective of incorporating the GST was to
eliminate tax on tax, or double taxation, which
cascades from the manufacturing level to the
consumption level.
Q25 What is GST council? Give composition of
GST council.
Ans; GST Council
*GST Council is a federal forum with both centre
and states in India on board.
*GST is implemented and regulated by the
This council is made up of the finance
different State
GsT
of the Central as well as
Composition of GST Council
‘© The Union Finance Minister (as Chairman),
«The Union Minister of State in charge of Revenue
or Finance, and
«The Minister in charge of Finance or Taxation or
any other Minister, nominated by each state
government.
0.26 What items are not taxed or covered under
GST?
Ans. Items not covered under GST
‘There are a few products, which were not under
the purview of GST till long after its launch.
1. Alcohol for human consumption : On alcohol,
the power to tax remains with the states.
2. Petroleum products : GST was not imposed on
five petroleum products - crude oil, diesel,
petrol, natural gas and ATF.
3, Tobacco : Along with GST, the Central
Government has the power to levy additional
excise duty on tobacco products.
4, Entertainment tax ; The power to decide on
entertainment tax levied by local bodies
remains with the states
Tae a
Fill in the Blanks for Mid Term Exam _
Q1 Accepted principles of right or wrong.
governing the conduct of business people are
called
Q2 The basic rule of professionalism is “not
knowingly to do__".
3 According to the Companies Act, is
an action aimed at drawing the attention of
stakeholders to instances of unethical practices
in an onganization,
Q4 From Goods and Services Tax
became effective.
Q5 The head of GST council is :
TECHNICAL PUBLICATIONS® - an vpthst for krowdoe‘Which of the following is a correct combination ?
Type of Ethics Example
1) Business Ethics ~ A) Drafting a policy on Corporate Social Responsibility
2) Meta Ethics -- _B) Writing a thesis on the nature of perception in moral
3) Professional Ethics ~ ) Drafting a white paper on the ethical conduct of Managers
4) Applied Ethics ~ _ D) Conceiving a formula to deal with ethical implications of road
1@ 1-A;2-B;3-C;4-D
ic 1-Aand3-C
Q2 To be successful, business ethics training programs need to__
a, focus on personal opinions of employees
& be limited to upper executives
a business values
€_ business ethics
Q4 Profession means
a any paid occupation, job or career
Lc any way of serving livelihood
Q5 The first and foremost professional ethics is
(a) to striving for excellence
[eto serve the needy and poor of the society
Q.6 What is true about a professional ?
“a The professional has to have autonomy
€ He should not subject to political control
Q7 GST means___
[a) Goods and Supply Tax
[| Goods and Services Tax
el
| educate employees on formal ethical frameworks and models of ethical decision making
|d promote the use of emotions in making tough ethical decisions
Accepted principles of right or wrong governing the conduct of business people are called___
b
2
alle
=
1-B;2-C;3-A;4-D
2-C;3-Bard4-D
business conduct
business principles
specialised person in his job area
None of these
none of these
He cannot be supervised by the
All of the aboveaaR
Siiiiie CY
ae