Question
Which of the following is true about the governance
structure of Asset Reconstruction Companies (ARCs)?Solution
ARCs are required to have a majority of independent directors on their board. To ensure transparency and proper governance, ARCs are required to have a majority of independent directors on their board. This helps in making unbiased decisions, especially when dealing with stressed assets. 
In which state of India does the foundation stone of Dhamma Deepaun International Buddhist University (DDIBU) laid?
On which date does the nation celebrate National Panchayati Raj Day, commemorating the institutionalization of Panchayati Raj?
What is the initial investment for India’s first AI-focused Datacentre Park inaugurated in Raipur, Chhattisgarh?
At the BCCI Awards 2024 in Hyderabad, who was honored with the Lifetime Achievement Award?
Which Indian institution developed the meta-material cloaking system Anālakṣhya?
Recently Aadhaar custodian UIDAI encourage people to voluntarily update their biometric data, demographics etc once in how many years?
To whom is UNESCO dedicating International Day of Education 2024, emphasizing the urgent need to lift restrictions on their access to education?
Which institute recently signed an MoU with the Commissionerate of Indian Medicine and Homoeopathy (CIM&H) to carry out testing and standardization of s...
Indian Navy’s stealth frigate INS Tarkash, visited Djibouti as part of her long range overseas deployment followed by Maritime Partnership Exercise wi...
With whom has Indigo airline signed a deal to buy 500 A320 aircraft?
