Question : Forbids the acceptance of deposits from individuals other than its members, directors, or their relatives, for:
Option 1: Public Company
Option 2: Private Company
Option 3: Government Company
Option 4: Investment Company
Correct Answer: Private Company
Solution : Prohibits any invitation or acceptance of deposits from a person other than its member, Directors or their relatives for private company.
Hence the correct answer is option 2.
Question : Which company prohibits any invitation or acceptance of deposits from a person other than its member, directors, or their relatives?
Option 3: Both 1 and 2
Option 4: None of the above
Question : Company Law prohibits any invitation or acceptance of deposits from persons other than its member, Directors or their relatives for :
Option 1: Private Company
Option 2: Public Company
Option 3: One Person Company
Option 4: None of the Above
Question : The minimum number of directors in the case of Public Company is-
Option 1: 5
Option 2: 10
Option 3: 8
Option 4: 3
Question : How many members are there in the Public Accounts Committee?
Option 1: 22 members
Option 2: 28 members
Option 3: 30 members
Option 4: 20 members
Question : Which type of foreign investment is considered unsafe?
Option 1: Foreign Direct Investment (FDI)
Option 2: Portfolio Investment
Option 3: NRI deposits
Option 4: External commercial borrowing
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