Who is the chairman of the investment policy advisory committee constituted by Securities and Exchange Board of India (SEBI) in February 2022?

Who is the chairman of the investment policy advisory committee constituted by Securities and Exchange Board of India (SEBI) in February 2022? Correct Answer N R Narayana Murthy

The correct answer is N R Narayana Murthy.

Key Points

  • SEBI has reconstituted its alternative investment policy advisory committee, which advises the capital markets regulator on a range of issues.
  • It is chaired by Infosys co-founder N R Narayana Murthy. 
  • It has now 20 members.
  • The panel, which was constituted in March 2015, earlier had 22 members.
  • Till now, it has submitted three reports on the AIF (Alternative Investment Fund) industry.

Additional Information​ 

  • Securities and Exchange Board of India has restructured its primary market advisory committee on data. 
  • Aarati Krishnan has been inducted as a member of the Securities & Exchange Board of India’s Advisory Committee on Mutual Funds.
  • The Securities and Exchange Board of India (SEBI) has set up an Advisory Committee for Leveraging Regulatory and Technology Solutions (ALeRTS) to enhance technological capabilities and explore suitable technology solutions for the early detection of market anomalies.
  • Securities and Exchange Board of India:
    • Founded: 12 April 1992.
    • Headquarters: Mumbai.
    • Agency Executive: Ajay Tyagi (As of Feb 2022).
  • ​National Stock Exchange of India Limited is the leading stock exchange of India, located in Mumbai, Maharashtra.
  • NSE was established in 1992 as the first dematerialized electronic exchange in the country.

Related Questions

The question given below consists of a statement, followed by three arguments numbered I, II and III. You have to decide which of the arguments is/are ‘strong’ arguments and which is/are ‘weak’ arguments and accordingly choose your answer from the alternatives given below each question. Statement: World’s largest beer maker Heineken NV, the majority partner of United Breweries with Vijay Mallya, is understood to have sought legal opinion over its right to appoint a chairman at the Indian company. Heineken and some of its advisers believe that the shareholder agreement between Mallya and the beer giant has become null and void after India’s Enforcement Directorate attached his shares as part of its legal action against the liquor baron. Which among the following arguments support the above statement in the best possible manner? Arguments: I. UBL has stopped sharing confidential information with Mallya and has said that he is no longer privy to any strategic developments.  II. The board of UBL, India’s biggest beer company, had asked Mallya to either step down or appoint a nominee after the Securities and Exchange Board of India barred wilful defaulters from holding key board positions last year.  III. The company is functioning well and operations are in good shape but it is not good corporate governance to have an acting chairman for so long.
In the question below, a statement is given followed by three courses of actions numbered I, II and III. On the basis of the information given, you have to assume everything in the statement to be true, and then decide which of the suggested course of action logically follow (s) for pursuing. Statement: Tesla and its CEO Elon Musk have agreed to pay a total of $40 million and make a series of concessions to settle a government lawsuit alleging Musk duped investors with misleading statements about a proposed buyout of the company. The settlement with the Securities and Exchange Commission allows Musk to remain CEO of the electric car company but requires him to relinquish his role as chairman for at least three years.  Courses of action: I. Tesla must hire an independent chairman to oversee the company, something that should please a number of shareholders who have criticised Tesla's board for being too beholden to Musk.  II. The deal could remove one cloud that hangs over Tesla. Investors fretted about the company's ability to cope without Musk, a charismatic entrepreneur whose penchant for coming up with revolutionary ideas has drawn comparisons to one of Silicon Valley's most revered visionaries, Apple co-founder Steve Jobs.  III. Besides paying a fine and stripping Musk of his chairman's title, Tesla also must appoint two more directors who have no ties to the company or its management. Musk will be allowed to remain on the board.