The Securities and Exchanges Board of India (SEBI) on March 28, 2018 accepted 40 out of 80 recommendations suggested by the Uday Kotak Committee on Corporate Governance. Reduction in the maximum number of listed entity directorships to.....by April 01, 2019 and to 7 by April 1, 2020.

BANKING GENERAL KNOWLEDGE

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Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]

The Securities and Exchanges Board of India (SEBI) on March 28, 2018 accepted 40 out of 80 recommendations suggested by the Uday Kotak Committee on Corporate Governance. Reduction in the maximum number of listed entity directorships to____by April 01, 2019 and to 7 by April 1, 2020.

A	5
B	12
C	08
D	10

Explanation:

Detailed explanation-1: -In its quest to further improve the CG standards, SEBI formed a committee on CG in June 2017 under the Chairmanship of Mr. Uday Kotak with eminent members drawn from the government, industry, professional bodies, stock exchanges, academicians, lawyers, proxy advisors etc.

Detailed explanation-2: -Primary objective: Improving standards concerning corporate governance of listed companies in India. Composition: Kotak Committee was represented by different stakeholders, including the government, the industry, stock exchanges, academicians, proxy advisors, professional bodies, lawyers, etc.

There is 1 question to complete.