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      Question

      The new concept of One Person Company (OPC) introduced

      by the Companies Act, 2013 provides that OPC should be registered as a _____________ type of company
      A Small company Correct Answer Incorrect Answer
      B Public company Correct Answer Incorrect Answer
      C Private company Correct Answer Incorrect Answer
      D Government company Correct Answer Incorrect Answer

      Solution

      Explanation: Section 2(62) One Person Company: β€œOne Person Company” means a company which has only one person as a member. OPC is classified as a type of private limited company under the Companies Act, 2013.

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