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Question

__________________________ means an independent director representing the interests of investors in securities market and who is not having any association, directly or indirectly, which in the opinion of the Board, is in conflict with his role under the Securities and Exchange Board of India (Depositories and Participants) Regulations

A Director Correct Answer Incorrect Answer
B Associate Director Correct Answer Incorrect Answer
C Public interest director Correct Answer Incorrect Answer
D Interested director Correct Answer Incorrect Answer
E Private interest director Correct Answer Incorrect Answer

Solution

Regulation 2 Definitions: (m)"public interest director" means an independent director representing the interests of investors in securities market and who is not having any association, directly or indirectly, which in the opinion of the Board, is in conflict with his role.

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