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Question
Give one word/phrase/term.
The owner is the sole manager and decision maker of his business.
Solution
Sole Trader.
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Match the pairs.
| Group ‘A’ | Group ‘B’ |
| A) Private Company | 1) Karta |
| B) Public Company | 2) Local Market |
| C) Common Seal | 3) 1932 |
| D) Partnership Act | 4) Maximum 200 members |
| E) Joint Hindu Family Firms | 5) One Man Show |
| 6) Minimum Seven members | |
| 7) Minimum 10 members | |
| 8) Signature of Company | |
| 9 ) Maximum 100 members | |
| 10) Manager |
Complete the sentence.
Private sector enterprises are owned and managed by the _____________
Select the correct option:
| A | B |
| Minimum 2 and maximum 200 | _____________ |
Select the correct option:
| A | B |
| Minimum 10 and maximum no limit | _____________ |
Answer in one sentence.
What is the meaning of Private Company?
Answer in one sentence.
What do you mean by Public company?
Correct the underlined word and rewrite the following sentence.
In public company, shares are not freely transferrable
Correct the underlined word and rewrite the following sentence.
In Private Company, there are minimum 3 (Three) directors.
