Appointment of independent Directors is the part of Corporate Governance as per the
The mandatory requirement for listed companies to appoint Independent Directors as a cornerstone of Corporate Governance in India was introduced by the Securities and…
Choose your answer
Appointment of independent Directors is the part of Corporate Governance as per the
Answer and explanation
Correct answer A
The mandatory requirement for listed companies to appoint Independent Directors as a cornerstone of Corporate Governance in India was introduced by the Securities and Exchange Board of India (SEBI) under Clause 49 of the Listing Agreement. Consequently, 'SEBI' is the correct answer.
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UGC NET Commerce