Question

An audit committee is required to be constituted by the

Q: Answer-An audit committee is required to be constituted by the Board of Directors of _________________

Section 177. Audit Committee- 1 The Board of Directors of every listed public company and such other class or classes of companies, as may be prescribed, shall constitute an Audit Committee, Companies Meetings of Board and its Powers Rules,2014 The Board of directors of every listed public company and a company covered under rule 4 of the Companies Appointment and Qualification of Directors Rules, 2014 shall constitute an Audit Committee and a Nomination and Remuneration Committee of the Board.

Board of Directors of _________________

A Every Listed Public Company

B Public Companies having paid up share capital of ten crore rupees or more

C Public Companies which have, in aggregate, outstanding loans, debentures and deposits, not exceeding fifty crore rupees

D All a, b & c

E Both a & b

Practice Next

More Administrative Interpretation and Maxims Questions

___ mapping is used in cache organization which is the quickest and most supple organization.
Which network topology uses a central node to connect all other nodes?
In Generative Adversarial Networks (GANs), which component generates realistic data samples?
When does the "commit" operation in a transaction take place?
Which cryptographic process involves applying a mathematical function to generate a fixed-size output from variable-size input?
Trace the output int main() { int a=12,b=39; printf ("%d",a&b); return 0; }
What is a key advantage of the Go programming language in terms of concurrency?
Frames are related to which layer of OSI model
What is depth in deep learning?
How does the ‘localStorage’ feature in HTML5 help web developers?

An audit committee is required to be constituted by the

Solution