A committee under the chairmanship of Uday Kotak was constituted in 2017 to improve efficiency in ________.

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RRC Group D Previous Paper 1 (Held On: 17 Sep 2018 Shift 1)
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  1. Customer satisfaction
  2. Labour management relations
  3. Government policies
  4. Corporate governance

Answer (Detailed Solution Below)

Option 4 : Corporate governance
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  • A committee under the chairmanship of Uday Kotak was constituted in 2017 to improve efficiency in Corporate Governance.
  • SEBI has set up a committee under the chairmanship of Uday Kotak, executive vice chairman and managing director of Kotak Mahindra Bank Ltd, to advise it on issues relating to corporate governance in Indian firms.
  • The 21-member panel includes representatives from other companies, stock exchanges, professional bodies, investor groups, law firms, academicians, research professionals and SEBI officials.

Important Points

  • About SEBI: As of May 2022
    • Chairman- Madhabi Puri Buch 
    • Founded- 1992
    • Headquarters - Mumbai Maharashtra
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