Maximum managerial remuneration permissible under the Companies Act,1956 for public limited companies is.

Maximum managerial remuneration permissible under the Companies Act,19

1.	Maximum managerial remuneration permissible under the Companies Act,1956 for public limited companies is.
A.	10% of the net profits.
B.	5% of net profit.
C.	11% of net profit.
D.	8% of net profit.
Answer» D. 8% of net profit.