Question
What is the fiduciary duty of board members concerning
decision-making?Solution
Explanation: Board members have a fiduciary duty to exercise care, diligence, and loyalty in decision-making, avoiding conflicts of interest and acting honestly and in good faith.
Consider the following statement about Shivaji Maharaj statue launched in December 2023:
1. Prime Minister, Shri Narendra Modi unveiled the statu...
Who is the first Indian to participate in a Super Heavyweight Boxing event in the 2020 Olympic Games?
Consider the following statement about 'Green Rising’ Initiative launched in December 2023:
1. Ministry of Environment, Forest, and Climate Cha...
The board of a cooperative society can be superseded or kept under suspension if:
1. There is negligence in the performance of duties.
Which of the following city was in opened India's first National Museum of Indian Cinema (NMIC)?
Which of the following is NOT a 'Maharatna' status company?
Megasthenes, a Greek historian and diplomat came to India as an ambassador of Seleucus I Nicator. In which of the following Mauryan emperor’s court di...
In December 2021, which of the following ministries tabled the draft Mediation Bill in Parliament?
Which of the following taxes is proportional in nature?
Consider the following statements:
1. The Constitution of India designates Hindi in Devanagari script as the official language of the Government ...