Question
Which of the following is not a characteristic of a
private limited company under Companies Act, 2013?Solution
As per Companies Act, 2013 a private company is one that: ⢠Restricts the right to transfer shares freely ⢠has minimum 2 members ⢠can have a maximum of 200 members ⢠has minimum 2 directors ⢠uses words āPrivate limitedā in its name To register under the Act, such a company should state a minimum authorised capital of Rs. 1 lakh (note ā minimum paid up capital requirement was removed).
T he Golden Rule of Capital in the Solow Growth Model is that level of steady-state capital per worker where,
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A profit-maximizing monopolist sets an output of 100 per day and a price of £10. Which of the following statements is true?
What is the mean of a data if its Pearson's coefficient of skewness is 0.25, standard deviation is 7 and mode is 20.
The 2nd phase (diminishing returns to a factor) is exhibited by the following total product sequence:
All of the following curves are U-shaped, except the
If a constant 60 is subtracted from each of the values of X and Y, then the regression coefficient is
Consider a fractional reserve banking system with a legally required reserve-deposit ratio of m. Suppose that an individual deposits ID dollars in one ...
When we say that the estimator is BLUE. What does best signify here?
If x1, x2,.....xnĀ are nonānegative real numbers, then theirĀ