Question:medium

The 'Golden Peacock‘ Award is given for excellence in

Updated On: Jul 15, 2026
  • Corporate Social Responsibility
  • Energy Savings
  • Literature
  • Corporate Governance
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The Correct Option is D

Approach Solution - 1

The Golden Peacock Awards, run by the Institute of Directors, India, cover several themes in corporate performance, and this question is about which one carries the "excellence" title.

  1. Corporate Social Responsibility: CSR has its own separate Golden Peacock award, distinct from the excellence category being asked about here.
  2. Energy Savings: Energy efficiency recognition in India usually comes from government bodies like the Bureau of Energy Efficiency, not the Golden Peacock series.
  3. Literature: No Golden Peacock award exists for literary achievement.
  4. Corporate Governance: The Golden Peacock Award for Excellence in Corporate Governance specifically rewards companies for board independence, disclosure standards, and ethical business conduct, matching the "excellence" framing in the question.

Since the excellence award under the Golden Peacock banner is tied to governance standards, the correct answer is Corporate Governance.

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Approach Solution -2

Each option in this question represents a completely different field of corporate or social activity, so working out the right one comes down to matching the criteria the Golden Peacock Award for Excellence actually measures against these four areas.

  1. Corporate Social Responsibility: This area is judged on a company's community welfare spending, environmental projects, and philanthropic activity, none of which is what the excellence award specifically evaluates.
  2. Energy Savings: This area is judged on measurable reductions in power consumption and adoption of efficient technology, criteria that belong to conservation bodies rather than the Institute of Directors' flagship award.
  3. Literature: This area is judged on the literary and creative merit of published work, a field with no overlap with corporate performance metrics at all.
  4. Corporate Governance: This area is judged on how a company's board is structured, how transparently it discloses information to shareholders, and how ethically its management operates, which is precisely the set of criteria the Golden Peacock Award for Excellence in Corporate Governance was created to recognise.

Only the governance criteria, board independence, disclosure, and ethical conduct, match what this particular Golden Peacock award actually measures.

Therefore, the correct answer is Corporate Governance.

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Top Questions on Awards and Honours

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Passage (extract): The work which Gandhiji had taken up was not only regarding the achievement of political freedom but also the establishment of a new social order based on truth and non-violence, unity and peace, equality and universal brotherhood and maximum freedom for all. A new order cannot be established without radically changing the mind and attitude of men towards property and, at some stage or the other, the 'haves' have to yield place to the 'have-nots'. We have seen, in our time, attempts to achieve a kind of egalitarian society and the picture of it after it was achieved. But this was done, by and large, through the use of physical force. It may even be that, like a gas kept confined within containers under great pressure, or water held back by a big dam, once the barrier breaks, the reaction will one day sweep back with a violence equal in extent and intensity to what was used to establish and maintain the outward egalitarian form. This enforced egalitarianism contains, in its bosom, the seed of its own destruction. If egalitarianism is to endure, it has to be based not on the possession of the maximum material goods by a few or by all but on voluntary, enlightened renunciation of those goods which cannot be shared by others or can be enjoyed only at the expense of others.

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Read the passage and answer the question.

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According to the passage, which was the unfinished part of Gandhi's experiment?
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Passage (extract): In the political struggle, the fight was against a foreign power and all one could do was either join it or wish it success and give it his/her moral support. Experience shows that man values his possessions even more than his life because in the former he sees the means for perpetuation and survival of his descendants even after his body is reduced to ashes. We have seen, in our time, attempts to achieve a kind of egalitarian society and the picture of it after it was achieved. But this was done, by and large, through the use of physical force. This enforced egalitarianism contains, in its bosom, the seed of its own destruction. The root cause of class conflict is possessiveness or the acquisitive instinct.

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