CURRENT AFFAIRS

2022

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Vijay Shekhar Sharma to continue as Paytm MD & CEO for another how many years?
A
7
B
5
C
1
D
6
Explanation: 

Detailed explanation-1: -Sharma will continue to serve as MD and CEO of the company for another five years, Paytm had said in a statement. In May 2022, OCL’s board of directors had approved the reappointment of Sharma. OCL held its 22nd annual general meeting (AGM) on Friday, the first as a public listed company.

Detailed explanation-2: -Paytm 22nd AGM: Vijay Shekhar Sharma reappointed as company’s MD & CEO; remuneration fixed for 3 years without increment. With a resounding vote of confidence from shareholders, Vijay Shekhar Sharma has been reappointed as the Managing Director (MD) and Chief Executive Officer (CEO) of Paytm.

Detailed explanation-3: -One 97 Communications Ltd., the parent entity which runs digital payments company Paytm, said that 99.67% of its shareholders who voted approved the resolution to reappoint founder Vijay Shekhar Sharma as managing director of the company for five years from December 19, 2022 until December 18, 2027.

Detailed explanation-4: -MUMBAI: Around 99.7% of the shareholders of Paytm’s parent, One97 Communications, have voted in favour of a resolution to reappoint Vijay Shekhar Sharma as MD & CEO of the company and approved his remuneration.

Detailed explanation-5: -Paytm Payments Bank receives RBI nod to appoint Surinder Chawla as Managing Director and CEO.

There is 1 question to complete.