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    Question

    SEBI has formed a committee on Corporate Governance

    under the chairmanship of UdayKotak. From the below mentioned statements what is correct about Corporate Governance? (i)┬а┬а┬а┬а┬а┬а┬а┬а┬а┬а┬а┬а┬а┬а┬а┬а┬а Corporate governance related to taking care the interests of shareholders, management, customers, suppliers, financiers, government and the community. (ii)┬а┬а┬а┬а┬а┬а┬а┬а┬а┬а┬а┬а┬а┬а┬а It involves Independence of Independent Directors and their active participation in the decision making. (iii)┬а┬а┬а┬а┬а┬а┬а┬а┬а┬а┬а┬а┬а┬а It relates to transparency and disclosure of financial and non-financial of all material transactions to the investors (iv)┬а┬а┬а┬а┬а┬а┬а┬а┬а┬а┬а┬а┬а It is related to the effectiveness of the board┬а
    A Only i, ii & iii Correct Answer Incorrect Answer
    B Only i& iii & iv Correct Answer Incorrect Answer
    C Only ii Correct Answer Incorrect Answer
    D Only ii, iii & iv Correct Answer Incorrect Answer
    E All the above are correct Correct Answer Incorrect Answer

    Solution

    SEBIтАЩs new norms provide for stricter disclosures and protection of investor rights including equitable treatment for minority and foreign shareholders.

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