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      Question

      What is the minimum number of 'Independent Directors'

      required on a bank's board as per SEBI/RBI guidelines?
      A At least 10% Correct Answer Incorrect Answer
      B At least 25% Correct Answer Incorrect Answer
      C At least 33% (one-third) Correct Answer Incorrect Answer
      D At least 75% Correct Answer Incorrect Answer
      E None are required Correct Answer Incorrect Answer

      Solution

      Governance norms require at least one-third of the board to be independent directors to ensure unbiased decision-making.

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