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      Question

      The Coordination Committee under Section 9A (inserted by

      the 2022 Amendment) brings together the President, Vice-President and Secretary of which institutes, and is chaired by whom?
      A ICAI, ICMAI (Cost Accountants) and ICSI (Company Secretaries), chaired by the Secretary, Ministry of Corporate Affairs Correct Answer Incorrect Answer
      B ICAI, ICSI and Bar Council, chaired by the Attorney General Correct Answer Incorrect Answer
      C ICAI, RBI and SEBI, chaired by the RBI Governor Correct Answer Incorrect Answer
      D ICAI and ICSI only, chaired by the President of ICAI Correct Answer Incorrect Answer
      E ICAI, NFRA and CAG, chaired by the Comptroller and Auditor-General Correct Answer Incorrect Answer

      Solution

      Section 9A establishes a Coordination Committee consisting of the President, Vice-President and Secretary of the Councils of the Institutes of Chartered Accountants, Cost Accountants and Company Secretaries of India, for the development and harmonisation of the three professions. Its meetings are chaired by the Secretary, Ministry of Corporate Affairs, and are held once every quarter. The Committee coordinates the three bodies, improves quality and aligns cross-disciplinary regulation. Hence the correct option correctly identifies the constituent institutes and the chairperson.

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