Question
What is the quorum required for a Board of Directors
meeting according to Companies Act, 2013?Solution
Quorum of Meetings – Sec 174 Quorum for the meeting shall be 1/3rd of total strength or 2 directors whichever is higher. Participation of directors through video conferencing or other audio visual means shall also be counted for the purpose of quorum with exception to the meetings with the following agenda
- Approval of annual financial statements ;
- Approval of Board’s Report ;
- Approval of prospectus;
- Audit Committee Meetings for considertion of Accounts;
- Approval of matters relating to amalgamation, merger, demerger, acquisition and takeover .
The type of account which is opened by the investor while registering with an investment broker (or sub-broker) is called __________.
Scheduled Banks in India refer to those banks which have been included in the _______ Schedule of Reserve Bank of India Act, 1934.Â
Which of the following Bank is nationalised in 1st phase of Nationalisation of Banks?
The Headquarter of SIDBI was located in __________
.............................is a facility extended by the Reserve Bank of India to the scheduled commercial banks (excluding RRBs) and primary dealers...
What is a mortgage?
Which bank works as a Lead Bank in the district?
NITI Ayog stands for
. ________________ has recently approved a law banning all exploration and production of oil and natural gas by 2040.
Which of the Following T-Bills is not issued at present?
