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Select the Proper Option from the Options Given Below and Rewrite the Completed Sentence. the Minimum Numbers of Persons Required for the Registration of a Private Company is ________. - Organisation of Commerce and Management

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Question

Select the proper option from the options given below and rewrite the completed sentence.
The minimum numbers of persons required for the registration of a private company is ________.

Options

  • 5

  • 2

  • 7

MCQ

Solution

The minimum numbers of persons required for the registration of a private company is 2.
Explanation:
A private company is formed with minimum two persons. Thus, it can be registered when there are atleast two members. On the other hand, a public limited company is formed with minimum 7 members.

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Chapter 1: Forms of Business Organisations - Select the proper option [Page 37]

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Micheal Vaz Organisation of Commerce and Management (OCM) [English] 12 Standard HSC Maharashtra State Board
Chapter 1 Forms of Business Organisations
Select the proper option | Q 21 | Page 37

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