Question

A Chartered Accountant (C

  • A director on the board of a PSB must compulsorily:
A Approve all audit-related lending decisions
B Participate in decisions involving their clients
C Dissociate from decisions involving their/firm’s clients and sign a covenant
D Delegate such decisions to external auditors
E Seek prior approval from RBI before abstaining from such decisions
Practice Next

Hey! Ask a query