n NISM Certifications
XV NISM Series XV
Medium

According to SEBI corporate governance standards, independent directors should constitute a certain proportion of a company’s board if the chairman is a non-executive director. What is this proportion?

Practice question from NISM XV Mock Test 6 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. At least 33%

    Correct answer

  2. B

    At least 50%

  3. C

    At least 25%

  4. D

    At least 60%

A full explanation for this question is being written. In the meantime, the correct answer is highlighted above.

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