One of the scientists working in the R&D laboratory of a major pharmaceutical company discovers that one of the company’s best-selling veterinary drugs, B, has the potential to cure a currently incurable liver disease that is prevalent in tribal areas. However, developing a variant of the drug suitable for human beings entailed a lot of research and development having a huge expenditure to the extent of 50 crore rupees. It was unlikely that the company would recover the costs as the disease was rampant only in a poverty-stricken area having very little market otherwise. If you were the CEO, then— (a) Identify the various actions that you could take; (b) Evaluate the pros and cons of each of your actions.

In the light of the Satyam Scandal (2009), discuss the changes brought in corporate governance to ensure transparency, accountability.

With a consideration towards the strategy of inclusive growth, the new Companies Bill, 2013 has indirectly made CSR a mandatory obligation. Discuss the challenges expected in its implementation in right earnest. Also, discuss other provisions in the Bill and their implications.

Capitalism has guided the world economy to unprecedented prosperity. However, it often encourages shortsightedness and contributes to wide disparities between the rich and the poor. In this light, would it be correct to believe and adopt capitalism as a means to achieve inclusive growth in India? Discuss.

Corporate social responsibility makes companies more profitable and sustainable. Analyse.

What is meant by ‘environmental ethics’? Why is it important to study? Discuss any one environmental issue from the viewpoint of environmental ethics.

Social values are more important than economic values. Discuss the above statement with examples in the context of inclusive growth of a nation.

How do the virtues of trustworthiness and fortitude get manifested in public service? Explain with examples. Public servants are likely to confront with the issues of ‘Conflict of Interest’. What do you understand by the term ‘Conflict of Interest’ and how does it manifest in the decision making by public servants? If faced with the conflict of interest situation, how would you resolve it? Explain with the help of examples.

What do you understand by the term ‘Conflict of Interest’ and how does it manifest in the decision making by public servants? If faced with the conflict of interest situation, how would you resolve it? Explain with the help of examples.

“The weak can never forgive; forgiveness is the attribute of the strong.”

We can easily forgive a child who is afraid of the dark; the real tragedy of life is when men are afraid of the light.