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Answer in one sentence. What is the meaning of Private Company? - Organisation of Commerce and Management

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प्रश्न

Answer in one sentence.

What is the meaning of Private Company?

एक पंक्ति में उत्तर
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उत्तर

A Private Limited company is a company which by its articles restricts the right to transfer share, limits the maximum number of members to 200.

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अध्याय 4: Forms of Business Organisation - I - EXERCISE [पृष्ठ ९२]

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बालभारती Organisation of Commerce and Management (OCM) [English] Standard 11 Maharashtra State Board
अध्याय 4 Forms of Business Organisation - I
EXERCISE | Q 1. H) 10) | पृष्ठ ९२

संबंधित प्रश्न

Give one word/phrase/term.
A partner who gives his name to the partnership firm.


Give one word/phrase/term.
There is a free transferability of shares in this company.


Select the correct option and rewrite the sentence.

A sole trading concern ensures _________ business secrecy.


Select the correct option and rewrite the sentence.

The members of Hindu undivided family business are called___________


Select the correct option and rewrite the sentence.

A Joint Stock Company is an artificial person created by ________.


Select the correct option and rewrite the sentence.

Registration of a Joint Stock Company is ________.


Indian Co-operative Society’s Act was passed in ______.


Select the correct option and rewrite the sentence.

_________acts as a signature of the company.


Match the pairs.

Group ‘A’ Group ‘B’
A) Private Company 1) Karta
B) Public Company 2) Local Market
C) Common Seal 3) 1932
D) Partnership Act 4) Maximum 200 members
E) Joint Hindu Family Firms 5) One Man Show
  6) Minimum Seven members
  7) Minimum 10 members
  8) Signature of Company
  9 ) Maximum 100 members
  10) Manager

Complete the sentence.

Private sector enterprises are owned and managed by the _____________


Select the correct option:

A B
Minimum 2 and maximum 200 _____________

Select the correct option:

A B
Minimum 10 and maximum no limit _____________

Justify the following statement.

Shares of Private Limited Company are not freely transferable.


What is the main objective of businesses in the private sector?


What advantage does a joint stock company have over other forms of private sector organisations?


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