Question

Select the proper option from the options given below and rewrite the completed sentences.

The minimum numbers of persons required for the registration of a private company is ________.
(a) 5
(b) 2
(c) 7

Answer 1

Correct option- b
The minimum numbers of persons required for the registration of a private company is two.
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.