General Awareness · Banking Financial Awareness

Corporate Organizations and Industry

2,259 Questions

Corporate organizations and industry questions test knowledge of major Indian brands, IT companies, and recent corporate acquisitions. Topics cover brand ambassadors, company histories, and industry milestones. This section is vital for the general awareness preparation of banking and administrative exams.

Indian IT companiesCorporate brand originsTelecommunication servicesCompany acquisitionsTata group businessesIndustry milestones

Corporate Organizations and Industry Questions

Multiple choice sectoral organisation of business private, public and global enterprises business studies

Which company has a minimum paid up capital of one lakh rupees or higher? 

  1. Government Company

  2. Private Company

  3. Producer Company

  4. Subsidiary Company
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

The Companies Act, 2013 earlier mandated that all Private Limited Companies have a minimum paid up capital of Rs.1 lakh. This meant that Rs.1 lakh worth of money had to be invested in the company by purchase of the company shares by the shareholders to start business.

Paid-up capital is the amount of money a company has received from shareholders in exchange for shares of stock. Paid-up capital is created when a company sells its shares on the primary market, directly to investors.