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Which of the following is NOT one of the 7 pillars of effective governance envisaged by NITI Aayog?
  • a)
    Pro-people
  • b)
    Participation
  • c)
    Efficiency
  • d)
    Transparency
Correct answer is option 'C'. Can you explain this answer?
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Which of the following is NOT one of the 7 pillars of effective govern...
The 7 pillars of effective governance envisaged by NITI Aayog include "Pro-people," "Participation," "Empowering," "Inclusion of all," "Equality," and "Transparency." "Efficiency" is not explicitly mentioned among these pillars.
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Which of the following is NOT one of the 7 pillars of effective govern...
The NOT one of the 7 pillars of effective governance envisaged by NITI Aayog is Efficiency.

- Pro-people: This pillar emphasizes the need for government policies and programs to be aimed at benefiting the people of the country. It focuses on ensuring that governance is people-centric and addresses the needs and concerns of the citizens.

- Participation: Participation involves engaging citizens in the decision-making process and allowing them to have a say in governance. This pillar highlights the importance of involving the public in policy formulation and implementation to ensure that their voices are heard.

- Transparency: Transparency is crucial for effective governance as it ensures accountability and builds trust between the government and the public. This pillar emphasizes the need for clear and open communication, access to information, and accountability in decision-making processes.

While Efficiency is an important aspect of governance, it is not explicitly listed as one of the 7 pillars envisioned by NITI Aayog. The focus of the 7 pillars is on aspects such as being pro-people, promoting participation, and ensuring transparency in governance processes.
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Passage - 2Corporate governance is based on principles such as conducting the business with all integrity and fairness, being transparent with regard to all transactions, making all the necessary disclosures and decisions, complying with all the laws of the land, accountability and responsibility towards the stakeholders and commitment to conducting business in an ethical manner. Another point which is highlighted on corporate governance is the need for those in control to be able to distinguish between what are personal and corporate funds while managing a company.Fundamentally, there is a level of confidence that is associated with a company that is known to have good corporate governance. The presence of an active group of independent directors on the board contributes a great deal towards ensuring confidence in the market. Corporate governance is known to be one of the criteria that foreign institutional investors are increasingly depending on when deciding on which companies to invest in. It is also known to have a positive influence on the share price of the company. Having a clean image on the corporate governance front could also make it easier for companies to source capital at more reasonable costs. Unfortunately, corporate governance often becomes the centre of discussion only after the exposure of a large scam.Q.According to the passage, which of the following should be the practice/practices in good corporate governance?1. Companies should always comply with labour and tax laws of the land.2. Every company in the country should have a government representative as one of the independent directors on the board to ensure transparency.3. The manager of a company should never invest his personal, funds in the company.

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Which of the following is NOT one of the 7 pillars of effective governance envisaged by NITI Aayog?a)Pro-peopleb)Participationc)Efficiencyd)TransparencyCorrect answer is option 'C'. Can you explain this answer?
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