New Enroll in RBI Grade B New Batch - Starts on May 21

    Question

    CSR committee of a Board shall consists of

    ________.
    A at least two Directors Correct Answer Incorrect Answer
    B Directors forming 1/3rd of the total number of Directors Correct Answer Incorrect Answer
    C three or more Directors Correct Answer Incorrect Answer
    D three or more Directors, out of whom one should be independent Correct Answer Incorrect Answer

    Solution

    A CSR (Corporate Social Responsibility) committee of a Board typically consists of three or more Directors, out of whom one should be an independent director. This means that the committee must have at least three directors, and one of them should be independent, meaning they are not involved in the day-to-day operations of the company and can provide unbiased oversight to the CSR activities. The presence of independent directors ensures that the committee operates with transparency and accountability in carrying out CSR initiatives for the company.

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