GENERAL KNOWLEDGE

Detailed explanation-1: -STC played an important role in country’s economy. It arranged imports of essential items of mass consumption (such as wheat, pulses, sugar, edible oils, etc.) and industrial raw materials into India and also contributed significantly in developing exports of a large number of items from India.

Detailed explanation-2: -Business ethics laws and regulations dictate a standard of conduct that represents going beyond doing the legally right thing to acting morally right. The word itself, “ethics, ‘’ is derived from the Latin word “ethos, ‘’ which defines the moral values and characteristics of a society.