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Rajyasabha and Its Members

In a public c...

Question

In a public company there must not be less than _____.

A

two Persons

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B

seven Persons

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C

six Persons

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D

ten Persons

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Solution

The correct option is C seven Persons
The minimum number of members needed to form a Public Company is at least 7 members. The Maximum number of members in a Private Company is restricted to 200. The Public Company have no restriction on a maximum number of members.

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(b) LIC is a statutory company.
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