Question
Which of the following statements is/are true with
respect to the changes made by the Life Insurance Corporation in the framework for the selection of shareholder' directors for its board? I.The board of directors will appoint a shareholders' director for a 4 years tenure. II.The person holding the position would be eligible for an extension of his tenure for two more years. III.According to the regulation, the LIC corporation would, upon notice of not less than one thousand shareholders or one-tenth of the total number of shareholders (whichever is lower), elect a shareholders' director through a general meeting of such shareholders.Solution
LIC has amended a framework to allow the induction of shareholders' directors on its board. The board of directors will appoint a shareholders' director for a 4 years tenure. The person holding the position would be eligible for an extension of his tenure for four more years. According to the regulation, the LIC corporation would, upon notice of not less than one thousand shareholders or one-tenth of the total number of shareholders (whichever is lower), elect a shareholders' director through a general meeting of such shareholders.Â
Accurate
I. The model of the village is accurate down to the last detail.
II. With surgical accurate he cut four inches off the legs of th...
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Tempestuous
In the question below, a sentence is given, four words have been highlighted in bold. Find out if the words are appropriate (grammatically and contextu...
A person unselfishly concerned for or devoted to the welfare of others.
Commend
(i) I could find no real fault with it so I would heartily commend it for use.
(ii) The judges also want to specially commend the ...
Select one word for the following group of words.
Morals that govern one's behavior
In the question below, a sentence is given, four words have been highlighted in bold. Find out if the words are appropriate (grammatically and contextu...