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Select the Proper Option from the Options Given Below and Rewrite the Completed Sentence. the Minimum Amount of Paid up Capital for Public Company is - Organisation of Commerce and Management

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प्रश्न

Select the proper option from the options given below and rewrite the completed sentence.
The minimum amount of paid up capital for public company is ________.

विकल्प

  • Five lakhs

  • one lakh

  • ten lakhs

MCQ

उत्तर

The minimum amount of paid up capital for public company is five lakhs.
Explanation:
According to Section 3(I)(4) of the Companies Act 1956, the minimum amount of paid-up capital for a public company is five lakhs. Whereas, it is 1 lakh in case of private company.

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अध्याय 1: Forms of Business Organisations - Select the proper option [पृष्ठ ३७]

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मायकल वाझ Organisation of Commerce and Management (OCM) [English] 12 Standard HSC Maharashtra State Board
अध्याय 1 Forms of Business Organisations
Select the proper option | Q 23 | पृष्ठ ३७

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संबंधित प्रश्न

The maximum number of member is a private company are ___________

a. 50

b. 40

c. 20


Distinguish between Private Company  and Public Company.


State true or false.
The ownership and management is not separated in a Joint Stock Company.


Group A
Group B
(a) Registration of a company
(1) 24th December
(b) E-business
(2) One man one boss
(c) World consumers’ Right Day
(3) Giving direction
(d) Principle of unity of command
(4) One man many bosses
(e) Controlling
(5) Outsourcing.
 
(6) 15th March
 
(7) Optional
 
(8) Electronic business
 
(9) Taking corrective action
 
(10) Compulsory

A company in which there are maximum 50 members.


​A company which is incorporated under Special Act of Parliament.


Features of Multinational Companies.


Select the proper option from the options given below and rewrite the completed sentence.
Registration of a Joint stock company is ________.


Select the proper option from the options given below and rewrite the completed sentence.
The minimum number of Directors in a public company are ________.


Distinguish between the following.
Private Limited company and Public limited company


State with reasons whether the following statement true or false.

A joint stock company can raise huge capital.


Write short answer of the following.
State merits of Joint Stock Company.


State the important privileges available to a private company.


Briefly explain the following term: Perpetual succession


Briefly explain the following term: Common seal


Briefly explain the following term: Artificial person


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