Advisory committee shall consist of not more than _________ members.

five

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seven

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nine

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ten

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Solution

The correct option is A five
An advisory committee is a collection of individuals who bring unique knowledge and skills which augment the knowledge and skills of the board of directors. The advisory committee serves to make recommendations and provide key information and material to the board of directors. The advisory committee should not consist more than five members .

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	Parliamentary Standing Committee		Chaired by
(a)	Public Accounts Committee	-	Member of Opposition
(b)	Committee on Public Undertakings	-	Lok Sabha member
(c)	Committee on Private Member's Bill and Resolutions	-	Deputy Speaker of Lok Sabha
(d)	Business Advisory Committee	-	Finance Minister

A.	Business Advisory Committee	1.	Looks into the mode of public expenditure
B.	Select Committee	2.	Examines the veracity of budget estimates
C.	Estimates Committee on it	3.	Considers a bill and submits to the House a report
D.	Public Accounts Committee	4.	Prepares time table for the whole session

	Group 'A'		Group 'B'
(i)	Companies Act	(a)	has not more than 9 members
(ii)	The Companies (Amendment) Act, 1988	(b)	advises the Central Government
(iii)	Company Law Board	(c)	is appointed by Central Government
(iv)	Registrar of Companies	(d)	Independent Company Law Board
(v)	Advisory Committee	(e)	constitutes company law
		(f)	appointed by state government

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