971. Accepting of deposits from public in case of private company is
A. prohibited
B. restricted
C. acceptable
D. none of these
✅ The correct answer is option A.
SSC
972. Ques. The liability of members if company is limited by guarantee.
A. unpaid value of shares
B. guarantee amount
C. unlimited liability
D. none of the above
✅ The correct answer is option B.
973. Own funds are called
A. debenture capital
B. share capital
C. loan capital
D. none of the above
✅ The correct answer is option B.
974. In case of Non -Profit making Companies books of accounts are required to be preserved for _____ years
A. 2
B. 4
C. 6
D. 8
✅ The correct answer is option B.
975. Maximum no .of members in case of public company is
A. 0
B. unlimited
C. 50
D. 100
✅ The correct answer is option B.
976. The resolution passed at AGM are__________
A. valid
B. void
C. voidable
D. void ab-initio
✅ The correct answer is option A.
977. _______ % of shares should be held by a company in another company so as to become subsidiary
A. more than 50
B. more than 40
C. more than 30
D. more than 20
✅ The correct answer is option A.
978. Minimum number of members in case of private company is
A. 1
B. 2
C. 3
D. 4
✅ The correct answer is option B.
979. After the expiry of how much time the company must think that the permission was not granted
A. 11 weeks
B. 12 weeks
C. 10 weeks
D. none of these
✅ The correct answer is option C.
980. A company is named as govt. company if it is holds_________ % of paid up share capital
A. more than 30
B. more than 40
C. more than 50
D. none
✅ The correct answer is option C.