This is a timed quiz. You will be given 300 seconds to answer all questions. Are you ready?

300

Question 1

LODR Regulations contain provisions for listed entities.
Consider the below statements:
Statement 1: A director cannot be a member in more than 10 committees and the Chairperson of more than 5 committees across all listed entities.
Statement 2: A person cannot serve as an independent director in more than 7 listed entities.
Statement 3: If the Chairperson of BOD is an executive director, then Board should comprise of atleast one-third independent directors.
Which of the above statements are incorrect?

Correct! Wrong!

Question 2

Consider the below statements:
Statement 1: With effect from 1st April 2019, a person can be a director in at most 7 listed entities.
Statement 2: Board of Directors of a listed entity shall meet at least 3 times in a year with a maximum gap of 120 days between two meetings.
Statement 3: With effect from 1st April 2020, Chairperson of the Board of top 500 listed entities must be a non-executive director who is not related to MD or CEO.
Which of the above statements are correct?

Correct! Wrong!

Question 3

As per LODR Regulations 2015, every listed entity is required to formulate a vigil mechanism for directors and employees to report genuine concerns. Also, the mechanism should provide access to _______ in appropriate cases.

Correct! Wrong!

Question 4

LODR Regulations contain provisions for audit committee in a listed entity.
Consider the below statements:
Statement 1: Minimum one half of the members should be independent directors.
Statement 2: The Chairperson of the Audit Committee must be an independent director.
Statement 3: All the members should have financial expertise.
Statement 4: Audit committee must meet at least 4 times in a year.
Which of the above statements are incorrect?

Correct! Wrong!

Question 5

What is the name of the SEBI online grievance redressal system where investors can file complaints?

Correct! Wrong!

Securities Market - LODR Regulations

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