Question : Maximum number of members in a private company is
Option 1: 7
Option 2: 200
Option 3: 20
Option 4: No limit
Correct Answer: 200
Solution : Answer = 200
The minimum number of members is 2 and the maximum is 200 excluding present or past employees members. Hence, the correct answer is option 2.
Question : What is the maximum number of members in case of private company?
Option 1: 20
Option 2: 2
Option 3: 200
Option 4: None of the above
Question : Maximum limit of premium of shares is
Option 1: 5%
Option 2: 10%
Option 3: 100%
Question : Minimum number of members required to form a public limited company is:
Option 1: 14
Option 2: 25
Option 3: 7
Option 4: 50
Regular exam updates, QnA, Predictors, College Applications & E-books now on your Mobile