Question

A company limited by shares is a type of company where the liability of its members is________.

A Limited to the amount paid on the shares held by them
B Unlimited to the amount unpaid on the shares held by them
C Unlimited to the amount unpaid, if any, on the shares held by them
D Limited to the amount unpaid, if any, on the shares held by them
Practice Next

Relevant for Exams:

Hey! Ask a query

🎓
Think You're Ready for RBI Grade B?
RBI Grade B 2026 Phase 1 Memory Based Paper
  • 200 Questions with Detailed Solutions
  • Section-wise Coverage (GA, English, Quant & Reasoning)