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

    Question

    The maximum number of public companies in which a

    person can be appointed as a director shall______________
    A Not exceed ten Correct Answer Incorrect Answer
    B Not be more than twenty Correct Answer Incorrect Answer
    C May be more than twenty Correct Answer Incorrect Answer
    D As the Central Government may prescribe Correct Answer Incorrect Answer

    Solution

    Explanation: Section 165. Number of directorships- (1)   No person, after the commencement of this Act, shall hold office as a director, including any alternate directorship, in more than twenty companies at the same time: Provided that the maximum number of public companies in which a person can be appointed as a director shall not exceed ten.

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