Question 1
Under Section 149(4) of the Companies Act, 2013, every listed public company is required to have at least what proportion of its total number of directors as independent directors?
Correct Answer:
At least one-third
Question 2
Which Schedule of the Companies Act, 2013 prescribes the 'Code for Independent Directors' in India?
Correct Answer:
Schedule IV
Question 3
Under Section 177 of the Companies Act, 2013, what proportion of the Audit Committee members must be independent directors?
Correct Answer:
A majority of the members
Question 4
Which financial statement ratio is calculated by dividing current assets by current liabilities?
Correct Answer:
Current Ratio
Question 5
Under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, what is the maximum number of listed entities in which a person can serve as an independent director?
Correct Answer:
Seven
Question 1
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Prepare with the IICA Independent Director Practice Questions - Independent Director Online Proficiency Self-Assessment Test (IICA) Exam practice quiz. This question bank includes 100 questions covering companies, independent, director, company, and directors. Use it to review important concepts, identify knowledge gaps, and build confidence for the related exam, course, or assessment.

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IICA Independent Director Practice Questions - Independent Director Online Proficiency Self-Assessment Test (IICA) Exam

This practice set contains 100 questions from the matching question bank and focuses on companies, independent, director, company, and directors. Work through each question carefully, review the provided solutions, and revisit topics that need more study before your next attempt.

This is an independent study resource intended for practice and review; it is not an official examination or an endorsement by any organization named in the title.

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