ethics civics MCQ #288

According to clause 49 on independent directors, what can be the maximum tenure of an independent director?

ethics civics MCQ #288

  1. Question 1

    Q1. According to clause 49 on independent directors, what can be the maximum tenure of an independent director?

    • A) 2 terms of 5 years each
    • B) 3 terms of 5 years each
    • C) 2 terms of 10 years each
    • D) 3 terms of 4 years each

    Answer: 2 terms of 5 years each

    Explanation: Under Clause 49 of the Listing Agreement (India), an independent director may serve for a maximum of 2 consecutive terms of 5 years each (10 years total), after which a cooling-off period applies.