n NISM Certifications
XV NISM Series XV
Medium

According to SEBI, the chairman of the Remuneration Committee should be:

Practice question from NISM XV Mock Test 3 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. An Independent director

    Correct answer

  2. B

    An Executive director

  3. C

    The Chairman of the Board

  4. D

    A Non Executive director

Why this is the answer

SEBI requires the remuneration committee to consist of non-executive directors, with the chairman being independent, ensuring impartiality in compensation decisions.

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