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Central Government has formed a committee to examine complaints filed against Chairman and Managing Directors (CMDs), chief executives, directors of public sector enterprises, public sector banks, insurance companies and financial institutions. This committee will be chaired by whom?
- a)President
- b)Speaker of Legislative Council
- c)Speaker of Legislative Assembly
- d)Prime Minister
- e)Secretary (Coordination) in the Cabinet Secretariat
Correct answer is option 'E'. Can you explain this answer?
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Central Government has formed a committee to examine complaints filed ...
Central Government has formed a committee to examine complaints filed against Chairman and Managing Directors (CMDs), chief executives, directors of public sector enterprises, public sector banks, insurance companies and financial institutions. This committee will be chaired by the Secretary (Coordination) in the Cabinet Secretariat. Secretaries of Department of Public Enterprises and Department of Financial Services and Central Vigilance Commission (CVC) secretary will be the members of this committee.This committee will also examine complaints against workmen directors, chartered accountant directors (excluding government nominee directors, shareholder directors, RBI nominee directors) and officers’ directors of public sector banks. After initial examination, if the complaint is found to be valid, the committee would recommend further investigation/course of action. Complaints which do not hold any substance will be closed by the committee.
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Central Government has formed a committee to examine complaints filed ...
Overview of the Committee Formation
The Central Government's decision to form a committee to examine complaints against top executives in public sector enterprises demonstrates a proactive approach to accountability and governance in the public sector.
Chairperson of the Committee
The committee will be chaired by the Secretary (Coordination) in the Cabinet Secretariat. This choice is significant for the following reasons:
Scope of the Committee's Work
The committee's mandate includes:
Conclusion
The formation of this committee under the leadership of the Secretary (Coordination) reflects the Central Government's commitment to maintaining integrity and accountability in public sector enterprises, which is vital for public confidence and effective governance.
The Central Government's decision to form a committee to examine complaints against top executives in public sector enterprises demonstrates a proactive approach to accountability and governance in the public sector.
Chairperson of the Committee
The committee will be chaired by the Secretary (Coordination) in the Cabinet Secretariat. This choice is significant for the following reasons:
- Government Accountability: The Secretary (Coordination) is a senior bureaucrat responsible for ensuring effective communication and coordination among different ministries and departments. This role is crucial for maintaining accountability in public sector enterprises.
- Expertise and Experience: Being part of the Cabinet Secretariat, the chairperson possesses a wealth of experience in handling various administrative matters, which is essential for evaluating complaints and implementing necessary actions.
- Neutral Position: The Secretary (Coordination) is expected to be neutral and objective, thereby ensuring that the examination of complaints is fair and unbiased, which is critical for maintaining public trust.
Scope of the Committee's Work
The committee's mandate includes:
- Investigating Complaints: It will look into specific complaints filed against Chairmen, Managing Directors, and other key executives in public sector institutions.
- Recommendations: Based on the findings, the committee may recommend actions, which could include administrative actions or legal proceedings.
- Enhancing Governance: The committee aims to improve governance standards in public sector enterprises, thereby promoting transparency and accountability.
Conclusion
The formation of this committee under the leadership of the Secretary (Coordination) reflects the Central Government's commitment to maintaining integrity and accountability in public sector enterprises, which is vital for public confidence and effective governance.
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Central Government has formed a committee to examine complaints filed against Chairman and Managing Directors (CMDs), chief executives, directors of public sector enterprises, public sector banks, insurance companies and financial institutions. This committee will be chaired by whom?a)Presidentb)Speaker of Legislative Councilc)Speaker of Legislative Assemblyd)Prime Ministere)Secretary (Coordination) in the Cabinet SecretariatCorrect answer is option 'E'. Can you explain this answer?
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Central Government has formed a committee to examine complaints filed against Chairman and Managing Directors (CMDs), chief executives, directors of public sector enterprises, public sector banks, insurance companies and financial institutions. This committee will be chaired by whom?a)Presidentb)Speaker of Legislative Councilc)Speaker of Legislative Assemblyd)Prime Ministere)Secretary (Coordination) in the Cabinet SecretariatCorrect answer is option 'E'. Can you explain this answer? for Current Affairs 2024 is part of Current Affairs preparation. The Question and answers have been prepared according to the Current Affairs exam syllabus. Information about Central Government has formed a committee to examine complaints filed against Chairman and Managing Directors (CMDs), chief executives, directors of public sector enterprises, public sector banks, insurance companies and financial institutions. This committee will be chaired by whom?a)Presidentb)Speaker of Legislative Councilc)Speaker of Legislative Assemblyd)Prime Ministere)Secretary (Coordination) in the Cabinet SecretariatCorrect answer is option 'E'. Can you explain this answer? covers all topics & solutions for Current Affairs 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Central Government has formed a committee to examine complaints filed against Chairman and Managing Directors (CMDs), chief executives, directors of public sector enterprises, public sector banks, insurance companies and financial institutions. This committee will be chaired by whom?a)Presidentb)Speaker of Legislative Councilc)Speaker of Legislative Assemblyd)Prime Ministere)Secretary (Coordination) in the Cabinet SecretariatCorrect answer is option 'E'. Can you explain this answer?.
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