Which of the following is incorrect about role of Independent Directors?
A. They are expected to be independent from the management and act as the trustees of shareholders
B. They need to exercise adequate oversight on the management of the risk of fraud and non-compliance with existing regulations
C. They need to ensure that payments are made to all the creditors and employees of the company in a timely manner
D. They need to ensure that the company pays dividend every year to all its shareholders including majority and minority shareholders, in a timely manner
Independent Directors (IDs) are the Directors in the Board of a company who are independent and free from any material business, day to-day operations or financial connection with the company. As per the new corporate governance norms to be implemented by companies, the Board of a company should have at least 50% as independent directors. A need has been felt to update the Act and make it globally compliant and more meaningful in the context of investor protection and customer interest. IDs are concerned with the overall oversight so that the company operates within the regulations, both in letter and spirit, in a transparent and fair manner. Payment to creditors and dividend payout are operational matters. Moreover, dividend payout every year is not compulsory.
Not only the CEO but also the employees …….. supporting the introduction of a new product.
It was free pedicure as we rubbed the soles of our feet on the stone steps and dangled _______ in the water for the fish to nibble away _________ the dirt.
This is the first economic survey after the Goods and Services Tax (GST) was ________ last year.
(A) discussed (B) implemented...
If start-ups are creating more jobs at the base of the pyramid, they are then ____________ to the requirement of the hour.
The team held on by the skin of their teeth to win the crucial match.
In the following questions, sentences are given with blanks to be filled in with an appropriate word(s). Four alternatives are suggested for each quest...
After years of hard work and dedication, he achieved _________ success in his chosen field.
Select the option to complete the sentence most logically and appropriately.
the sky clouded over and__________.
Fill in the blanks with suitable words from the options. If none of the options are appropriate, mark ‘None of these’ as the answer.
The ...
Fill in the blanks using the correct tense of the verbs given in brackets.
He ______ (live) in Chennai since 1975
