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Multiple choice commerce securities exchange board of india (sebi) objectives of sebi significance, functions of stock exchange, bse & nse stock exchanges functions of sebi sebi securities and exchange board of india (sebi)

Appointment of independent directors is the part of Corporate Governance as per the ________.

  1. SEBI

  2. Indian companies act

  3. Government of India

  4. RBI
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

While the Companies Act sets the legal framework, SEBI's Listing Obligations and Disclosure Requirements (LODR) regulations specifically mandate the appointment of independent directors for listed companies to ensure corporate governance.