Question : What is the Minimum Capital of Private Company?
Option 1: 5 Lakhs
Option 2: 20 Lakhs
Option 3: 1 Lakh
Option 4: 50 Lakhs
Correct Answer: 1 Lakh
Solution : All Private Limited Companies are required to have a minimum capital of Rs. 1 lakh and there is no minimum capital requirement to launch a public limited company.
Hence, the correct answer is option 3.