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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: “One 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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