📢 Too many exams? Don’t know which one suits you best? Book Your Free Expert 👉 call Now!
  • google app store apple app store
    • ✖

      Question

      Under SEBI’s corporate governance framework, which of

      the following requirements apply to listed companies in India ?  At least one-third of the board of directors must be independent if the Chairperson is non-executive.  Related Party Transactions (RPTs) must be disclosed to shareholders and regulatory authorities.  Whistleblower policies are mandatory for all companies to ensure internal governance and fraud prevention. 
      A 1 and 2 only Correct Answer Incorrect Answer
      B 2 and 3 only Correct Answer Incorrect Answer
      C 1 and 3 only Correct Answer Incorrect Answer
      D 1, 2, and 3 Correct Answer Incorrect Answer
      E None of the above Correct Answer Incorrect Answer

      Solution

      • Independent Directors (1): SEBI mandates that at least one-third of board members be independent for fair corporate governance. 
      • Related Party Transactions (2): Must be transparently disclosed to shareholders and regulators to avoid conflicts of interest. 
      • Whistleblower Policy (3): Listed companies are required to have a mechanism for employees to report unethical practices. 

      Practice Next
      More Extra content for Finance concepts Questions
      ask-question