What is the defining characteristic of a 'Company Limited by Guarantee'?

"Members are only liable for their invested capital." "Members commit to contributing a specific amount if the company dissolves." "Members have unlimited liability extending to personal assets." "Members' liability is determined by the number of shares they hold."

Which type of company faces no limitations on the liability of its members?

"Private Limited Company" "One Person Company" "Unlimited Company" "Small Company"

What distinguishes a 'Listed Company' from an 'Unlisted Company'?

"Listed companies are solely owned by the government." "Unlisted companies are prohibited from engaging in business activities." "Listed companies have their shares traded on the stock exchange market." "Unlisted companies are always non-profit organizations."

What is the primary purpose of a 'Section 8 Company' as defined by the Companies Act, 2013?

"To maximize shareholder profits." "To operate exclusively in the technology sector." "To promote social welfare and charitable causes." "To function as a holding company for other businesses."

What is the key feature of a 'Dormant Company'?

"It is permanently closed and deregistered." "It is actively engaged in high-volume trading." "It is temporarily inactive but retains its registration." "It is exclusively owned by foreign entities."

What is the maximum number of shareholders permitted in a Private Limited Company in India?

"50" "100" "200" "Unlimited"

Which type of company is characterized by having only one shareholder who can also be the director?

"Private Limited Company" "Public Limited Company" "One Person Company" "Unlimited Company"

What criterion determines the ownership stake of members in a 'Companies Limited by Guarantee'?

"The number of years they have been members." "The amount of capital they initially invested." "The amount they pledge to contribute upon closure." "The value of their personal assets."

How does a 'Holding Company' exert control over other companies?

"By providing consulting services." "By owning a majority of shares or controlling the board of directors." "By lending substantial funds." "By competing directly in the same market."

What is the defining characteristic of a 'Foreign Company' operating in India?

"It is headquartered and incorporated outside of India." "It is exclusively owned by Indian citizens." "It is prohibited from collaborating with Indian companies." "It is required to be listed on the Indian stock exchange."