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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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