Multiple choice

As per SEBI guidelines, the minimum percentage of independent directors out of total, should be ______ of a _______.

  1. 25%, public company

  2. 50%, public company

  3. 50%, listed company

  4. 25%, listed company
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

As per Clause 49, for a company with an Executive Chairman, at least 50 per cent of the board should comprise independent directors in the listed company.

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