Match the items of List I with the items of List-II and choose the correct answer from the code given…
The Cadbury Committee (UK, 1992) is known for its Code of Best Practice on corporate governance; Clause 49 of the listing agreement was SEBI's corporate-governance…
Choose your answer
Match the items of List I with the items of List-II and choose the correct answer from the code given below.
| List-I | List-II |
|---|---|
| (a) Cadbury Committee | (i) SEBI regulation |
| (b) Clause 49 of listing agreement | (ii) Code of best practices |
| (c) Minimum number of specified board meetings a year | (iii) Ethics |
| (d) Whistle blowing | (iv) Companies Act, 2013 |
Answer and explanation
Correct answer A
The Cadbury Committee (UK, 1992) is known for its Code of Best Practice on corporate governance; Clause 49 of the listing agreement was SEBI's corporate-governance regulation for listed companies; the minimum number of board meetings in a year (four, with not more than 120 days between two meetings) is prescribed by Section 173 of the Companies Act, 2013; and whistle blowing is a matter of business ethics. The correct matching is (a)-(ii), (b)-(i), (c)-(iv), (d)-(iii).
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UGC NET Management