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

    Question

    The quorum for a meeting of the Board of Directors of a

    company as laid down under the Companies Act shall be______________
    A One third of its total strength or two directors, whichever is higher Correct Answer Incorrect Answer
    B One third of its total strength or two directors, whichever is lower Correct Answer Incorrect Answer
    C One third of its total strength or three directors, whichever is higher Correct Answer Incorrect Answer
    D One third of its total strength or three directors, whichever is lower Correct Answer Incorrect Answer
    E Such number of directors which the Board may decide unanimously Correct Answer Incorrect Answer

    Solution

    Explanation: Section 174. Quorum for meetings of Board: (1) The quorum for a meeting of the Board of Directors of a company shall be one third of its total strength or two directors, whichever is higher, and the participation of the directors by video conferencing or by other audio-visual means shall also be counted for the purposes of quorum under this sub-section.

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