Banking · Corporate Governance
Independent directors are inducted into bank boards to improve objectivity, oversight quality, and stakeholder confidence. Their most important function is to:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
Share:
- 1Manage daily operations where executive directors are unavailable
- 2Bring independent judgment and help safeguard broader stakeholder and minority interests✓
- 3Represent only promoter interests in strategic decisions
- 4Replace the regulator in supervision of the institution
Correct answer
Bring independent judgment and help safeguard broader stakeholder and minority interests
Download Single Question PDF
Save this question and verified answer as a clean study sheet with live clickable link.
👥
Share with Friends & Study Groups
Challenge your peer aspirants on WhatsApp or Telegram to solve this question!
Online Test Series
Start Free Mock Test →Preparing for Banking?
Practice full-length mock tests with real exam timers, instant score analysis, and all-India ranking.
Chapter Practice
Practice Corporate Governance MCQs →Want more practice questions on Corporate Governance?
Solve complete topic-wise tests with detailed solutions on GkGet.
Related Practice Questions
Recommended practice questions in Banking · Corporate Governance