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    Question

    What is the minimum paid up capital required to

    incorporate a private company? 
    A Rs 1 lakh Correct Answer Incorrect Answer
    B Rs 5 lakh Correct Answer Incorrect Answer
    C Rs 10 lakh Correct Answer Incorrect Answer
    D Rs 1 crores Correct Answer Incorrect Answer
    E No minimum paid-up capital requirements Correct Answer Incorrect Answer

    Solution

    The Companies Act, 2013 does not prescribe any minimum paid-up capital for private companies. Previous requirements were abolished to ease incorporation.

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