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WorksheetsCorporate Governance
Total questions: 15
Worksheet time: 8mins
Minimum number of directors in case of public company as per Company Act 2013
2
3
5
1
Which classes of public company require appointment of at least two independent directors ?
Paid up capital 10 crore or more
Turnover of 100 crore or more
networth of 50 lakhs or more
loans, debentures exceeding 50 crore
Power of Audit Committee
seek information from employess
obtain outside advice
recommend success plan for directors
secure attendance of outsiders if necessary
Minimum number of directors in case of listed company as per CSR committes
2
3
half of non executive directors
none of above
corporate governance is ------------------- mechanism
self regulatory
government controlled
external controlled
none of above
which type of company are required to consistute Stakeholders Relationship Committee
public listed company
private company
company holding 1000 of shareholders and other debt hoders
company holding more than 1000 shareholders and debt holders
which of following factors can help to built good governance
small size of board
board long term strategy
diversity of board
longer vision of board
penalty in case of violation on Audit committee provision applicable for officers
fine of 25000 to 1 lakh
imprisonment for 1 year
both
none of above
Which of the following is not generally a power of the board of directors of a corporation?
selecting officers
declaring dividends
determining management compensation
amending AOA
If company wants to appoint more than 15 directors , what could be the possible way out
special resolution
amending AOA
Amending MOA
ordinary resolution
appointment of women director is compulsory in case of which company
every listed company
every public company with paid up share capital of 100 core or more
turnover of 300 hundred crore or more
none of above
which is not the function of corporate stakeholder relationship committee
resolve issue with transfer of shares
approve issue of new certificate
approve dematerialization
seeking information from empolyess
composition of audit committee as per clause 49 of listing agreement
minimum 3 director of which 2/3 are independent
minimum 2 of which 1/3 are independent
3 and all are independent
none of above
independent director is one who
did not attend a school supported by company
does not have outside relationship with other directors
does not have any other relationships with company other than his or her directorship
all of above
a board that is elected in a classified system is known as
diversified board
staggered board
rotating board
declassified board
