Question
What is the minimum frequency with which the Audit
Committee of a listed company must review compliance as per the SEBI (Prohibition of Insider Trading) Regulations and verify the effectiveness of internal control systems?Solution
Regulation 9A Institutional Mechanism for Prevention of Insider trading (4) The Audit Committee of a listedĀ company or otherĀ analogous body forĀ intermediary or fiduciary shallĀ review compliance with the provisions ofĀ theseĀ regulations at least onceĀ in a financial year and shall verify that the systems for internal control are adequate and are operating effectively.
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In a training group of 32 members, the average score is 60. One member with a score of 56 leaves, and 4 new members with an average score of 64 join. Wh...
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The average of 5 numbers is 28. If one of the numbers is 34, what is the sum of the remaining 4 numbers?
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