15. To evaluate the performance of the executive head.

(1) The board shall evaluate the performance of the executive head of the public company every year. Should be taken:-

(a) Asset turnover ratio (asset turnover ratio)
(B) Profit Margin Ratio (Profit Margin Ratio)
(c) Capital Liability Ratio (Equity to Liability Ratio)
(d) Ratio of administrative expenses to total operating expenses and
(e) Ratio of personnel expenses to total operating expenses.
(3) The board may increase or decrease the basis under sub-section (2) according to the nature of the work of the public institution and the performance indicators mentioned in the performance agreement with the executive head.
(4) The board shall submit a report on the performance of the officers of the public institution to the relevant ministry within three months of the end of each financial year.
(5) The methods, procedures and other arrangements related to performance evaluation shall be as prescribed.