Question

According to Section 178 of the Companies Act, what is the composition requirement for the Nomination and Remuneration Committee of a listed public company?

A It must consist of three or more executive directors, with at least one non-executive director
B It must consist of three or more non-executive directors, with at least one-half being independent directors
C It must have only independent directors, with no non-executive directors
D It must be chaired by the executive chairman of the company
E It must consist of only the executive directors of the company
Practice Next

Hey! Ask a query

🎓
Think You're Ready for RBI Grade B?
RBI Grade B 2026 Phase 1 Memory Based Paper
  • 200 Questions with Detailed Solutions
  • Section-wise Coverage (GA, English, Quant & Reasoning)