Question
General Knowledge Question on Corporate News
A.F. Ferguson was in the news for its recent audit survey report of a Tata Company and its subsequent withdrawl of the report. Name the Tata Company that was under scrutiny.
A
TISCO
B
Tata Tea
C
Tata Finance
D
Tata Investment Corporation
Answer
Tata Finance
Explanation
Solution
The correct option is (C): Tata Finance
A.F. Ferguson was in the news for conducting an audit survey of Tata Finance, a Tata Group company. The firm later withdrew its report, which attracted attention and scrutiny regarding the financial practices and management of Tata Finance. This incident highlighted issues related to corporate governance and financial transparency within the company.