Question
Which of the following statements correctly describes
the concept of 'One Person Company' (OPC) under the Companies Act, 2013?Solution
As per Section 2(62) of the Companies Act, 2013, a One Person Company (OPC) is: • A company that has only one person as a member, and • Is typically incorporated as a private company. OPCs allow individuals to enjoy the benefits of limited liability while doing business alone. • An OPC may voluntarily convert into a private or public company once it meets certain thresholds (like paid-up share capital exceeding ₹50 lakh or average annual turnover exceeding ₹2 crore — as per Rule 6 of the Companies (Incorporation) Rules, 2014). • It is not allowed to raise funds from the public. This form is ideal for solo entrepreneurs who want to formalize their business with legal recognition and limited liability.
 5983.987 + 59832.999 – 598.873 = ?
(1.01) 0 + (2.02) 1 + (2.93) 2 + (4.04) 3 + (5.05) 4 = ?
What approximate value will come in place of the question mark (?) in the following question? (Note: You are not expected to calculate the exact value.)...
- What approximate value will come in place of the question mark (?) in the following question? (Note: You are not expected to calculate the exact value.)
99% of 4444 + 101% of 6666 =
- What approximate value will come in place of the question mark (?) in the following question? (Note: You are not expected to calculate the exact value.)
- What approximate value will come in place of the question mark (?) in the following question? (Note: You are not expected to calculate the exactvalue.)
`root(3)(725.87)` `-:` `sqrt(81.033)` Â + 49.88% of 809.77 = ? - (14.78Â `xx` Â 52.2)
