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.
Question : A bank that has a paid-up capital of ______ and above qualifies for the scheduled bank category listed in the RBI Act 1934.
Option 1: Rs. 1 lakh
Option 2: Rs. 2 lakhs
Option 3: Rs. 5 lakhs
Option 4: Rs. 4 lakhs
Question : 5% of $a = b$, then $b$% of 20 is the same as:
Option 1: 20% of $\frac{a}{2}$
Option 2: 50% of $\frac{a}{20}$
Option 3: 50% of $\frac{a}{2}$
Option 4: 20% of $\frac{a}{20}$
Question : The value of $\frac{\frac{5}{2}-\frac{3}{7} \times 1 \frac{4}{5} \div 3 \frac{6}{7}}{\frac{3}{2}+1 \frac{2}{5} \div 3 \frac{1}{2} \times 1 \frac{1}{4}}$ is:
Option 1: $2 \frac{3}{20}$
Option 2: $1\frac{2}{20}$
Option 3: $1 \frac{3}{20}$
Option 4: $1 \frac{7}{20}$
Question : A and B enter into a partnership with capital in the ratio 5: 6. After 4 months, A withdraws $\frac{1}{5}$ of his capital, while B increases his capital by $33 \frac{1}{3} \%$, What is the share (in INR lakhs) of B in the annual profit of INR 6.3 lakhs?
Option 1: 2.34
Option 2: 3.96
Option 3: 2.61
Option 4: 3.69
Question : Directions: If 3 % 2 = 50, 2 % 4 = 60 then, what is the value of 5 % 4 = ?
Option 1: 16
Option 2: 9
Option 3: 90
Option 4: 20
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