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    Question

    What is the maximum number of members that can be on the

    National Financial Reporting Authority (NFRA)?
    A 10 Correct Answer Incorrect Answer
    B 12 Correct Answer Incorrect Answer
    C 15 Correct Answer Incorrect Answer
    D 20 Correct Answer Incorrect Answer
    E 25 Correct Answer Incorrect Answer

    Solution

    The composition of the NFRA consists of a chairperson, who shall be a person of eminence and having expertise in accountancy, auditing, finance, or law to be appointed by the Central Government, and such other members not exceeding fifteen consisting of part-time and full-time members.

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