MyQuestionIcon

1

You visited us 1 times! Enjoying our articles? Unlock Full Access!

Business Studies

Types of Partners , Partnership and Companies

Shares of com...

Question

Shares of ___________ company are freely transferable. (a) Private Company (b) Public Company (c) Both (a) and (b) (d) None of these

Open in App

Solution

The shares of a public limited company are freely transferable. Hence, the answer is Public Company. So, the correct option is (b)

Suggest Corrections

thumbs-up

4

Similar questions

A prospectus is issued by

(a) A private company

(b) A public company seeking investment from public.

(c) A public enterprise

(d) A public company

Q. State whether the following statements are True or False.
(a) There is no chartered company in India.
(b) LIC is a statutory company.
(c) At least five persons are needed to form a public company.
(d) The minimum paid up capital of a private company must be Rupees five lakh.
(e) A private company can invite public deposits.
(f) The shares of a public company are transferable.
(g) A subsidiary of a public company is also a public company.
(h) The concept of private company deemed to be public no longer exists in India.

Q. A private limited company enjoys some privileges as against a public limited company. Comment.

Q. Fill in the blanks:
(a) The East India Company was a ________ company.
(b) The Reserve Bank of India is a _________.
(c) Reliance Industries Limited is a _________ company.
(d) A does not have share capital.
(e) The liability of members of a company is unlimited.
(f) A company which holds 51% more of the shares of another company is called _________.
(g) Steel Authority of India Limited is a company.
(h) Coca Cola Corporation is a company.
(i) Minimum share capital in a private company is Rs________.

A private company mentions Pvt. Ltd after its name, what does a public company mention?

View More

Join BYJU'S Learning Program

similar_icon

Related Videos

lock

Types of Partners , Partnership and Companies

BUSINESS STUDIES

Watch in App

explore_more_icon

Explore more

Types of Partners , Partnership and Companies

Standard XI Business Studies

Join BYJU'S Learning Program

CrossIcon