Question
Which of the following statements is/are true with
respect to the changes made by the Life Insurance Corporation in the framework for the selection of shareholder' directors for its board? I.The board of directors will appoint a shareholders' director for a 4 years tenure. II.The person holding the position would be eligible for an extension of his tenure for two more years. III.According to the regulation, the LIC corporation would, upon notice of not less than one thousand shareholders or one-tenth of the total number of shareholders (whichever is lower), elect a shareholders' director through a general meeting of such shareholders.Solution
LIC has amended a framework to allow the induction of shareholders' directors on its board. The board of directors will appoint a shareholders' director for a 4 years tenure. The person holding the position would be eligible for an extension of his tenure for four more years. According to the regulation, the LIC corporation would, upon notice of not less than one thousand shareholders or one-tenth of the total number of shareholders (whichever is lower), elect a shareholders' director through a general meeting of such shareholders.Â
- A number is first increased by 25% and then decreased by 25%. The overall change in number is:
There were two candidate in an election. 15% of the total voters did not cast their votes whereas 10% of the casting votes were declared invalid. If the...
A farm has a total of 15,000 chickens. Out of these, 28% are foreign breed chickens, while the rest are native breed chickens. Among the native breed ch...
A girl spent 40% of her monthly income on clothing. Of the remaining, she spent on travel and food in the ratio of 7:5. If the difference of the income ...
Kiran scored 29% marks in a competitive test and fell short of the passing marks by 45. Anjali secured 44% in the same test and got 39 marks more than t...
 Rakesh obtained 25% more marks than Ambuj and Suresh obtained 40% less marks than Rakesh. Marks obtained by Suresh are what percent less than marks o...
The ratio of the number of males and females in an apartment is 14:11. If 25% of the males and 25% of the females read newspapers out of 200 persons, t...
A quantity is increased by 60% at first, and later decreased by 45%. Calculate the net percentage change.
There were two candidates in an election. 10% of the total voters did not cast their votes whereas 5% of the casting votes were declared invalid. If the...
One fourth of one third of two fifth of a number is 15. What will be 40% of that number
...
Relevant for Exams:
