Multiple choice

Every public limited company must have a managing director or whole time director, where paid up share capital is

  1. Above Rs. 2 cr

  2. Rs. 2 cr and above

  3. Rs. 5 cr and above

  4. Rs. 10 cr and above

Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

Every public company or a private company which is a subsidiary of a public company, having a paid up share capital of Rs. 5 crores or more, must have a managing director or whole time director or manager.