Which of the following is most likely a sign of a good corporate governance structure?
A. The chief executive position is separate from the chairperson position on the company’s board.
B. Independent board members comprise a minority proportion of the company’s board.
C. Independent board members are allowed to meet shareholders only in the presence of the entire board.
The CEO and board chairperson should be separate to prevent too much executive power. It has been mandated by SEBI on the recommendation of the Uday Kotak committee to separate the two posts. Currently this has been mandated for top 500 listed companies with effect from April 01, 2020. The proportion of independent Board members is recommended to be increased to 50% of the Board strength as against 33% earlier.
The Chandrayaan-4 mission is aimed at achieving which of the following goals?
Canada Pension Plan Investment Board (CPPIB) has sold 1.7 per cent stake in private sector lender Kotak Mahindra Bank, mopping up to _______ .
The Reserve Bank of India has imposed how much penalty on Axis Bank for failure to comply with Know Your Customer (KYC) regulations after RBI’s Inspec...
Chandrayaan 3 achieved a significant milestone by successfully soft-landing on which unexplored region of the Moon?
Which book reveals how evolutionary biology can help fund managers become better at their craft?
The National Statistical Office (NSO) has released the estimates of Gross Domestic Product (GDP) for the April-June quarter (Q1) of 2023-24, both at Con...
Which new system has the Indian Army launched to enhance generator tracking and protection?
What is TROPEX-23 recently conducted by The Indian Navy?
I. A cultural festival held by the Indian Navy
II. A training program for Navy pe...
What growth rate did India's defence production achieve in FY24?
How many Farmers' Producer Companies (FPCs) were established in Nagaland to promote organic farming?