New Enroll in RBI Grade B New Batch - Starts on May 21

    Question

    As per the SEBI Act the questions which come up before

    the meeting of the Board shall be decided by majority votes of the members present and voting, however, in the event of equality of votes ____________shall have casting vote
    A President Correct Answer Incorrect Answer
    B Chairman Correct Answer Incorrect Answer
    C Person presiding the meeting in the absence of the chairman Correct Answer Incorrect Answer
    D Both A and C Correct Answer Incorrect Answer
    E Either B or C Correct Answer Incorrect Answer

    Solution

    As per SEBI Act – S. 7(3)   All questions which come up before any meeting of the Board shall be decided by a majority votes of the members present and voting, and, in the event of an equality of votes, the Chairman, or in his absence, the person presiding, shall have a second or casting vote     Topic discussed in Course Video

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