kinds of companies

In which type of companies are the liabilities of members limited to the extent of the amount not paid by them on their shares?

• Companies Limited by Guarantee

• Unlimited Companies

• One Person Companies (OPC)

• Companies Limited by Shares

How many members are required for a private company according to its articles of association?

• 200

• 5

• 2

• 1

What is the minimum number of members required for a public company?

• 5

• 10

• 7

• 2

What type of companies have no limits on their members' liabilities?

• One Person Companies (OPC)

• Private Companies

• Unlimited Companies

• Public Companies

Which type of companies allow their members to freely transfer their shares to others?

• Foreign Companies

• Government Companies

• Public Companies

• Private Companies

What is the main objective of Charitable Companies (Section 8)?

• Promotion of Arts and Culture

• Public Financing

• Dividend Payment

• Profit Maximization

What is the purpose of Nidhi Companies?

• Stock Trading

• Profit Maximization

• Public Financing

• Promote Thrift and Saving

Which type of companies are essentially government companies that conduct functions of public financing?

• Government Companies

• Foreign Companies

• Dormant Companies

• Nidhi Companies

What is the minimum percentage of shares ownership required for a company to be considered an Associate Company?

• 25%

• 20%

• 15%

• 10%

What is the main function of Public Financial Institutions?

• Promote Thrift and Saving

• Profit Maximization

• Public Financing

• Stock Trading