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ExamsIBPS POGeneral Awareness

According to SEBI, companies eligible for CSR shall constitute a Corporate Social Responsibility Committee of the Board consisting of _A_ or more directors, out of which at least _A_ directors shall be independent. Identify A from the following options.

  1. 1
  2. 2
  3. 3
  4. 4

Correct answer: 3

Solution

The CSR Committee of the Board is required to consist of three or more directors, with at least one independent director in many cases. Therefore, the value of A is 3.

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