A. A private company is not required to prepare a statutory report
B. Sharing of profit is a prima facie but not conclusive evidence of partnership
C. Maximum number of members in a private company can be 50
D. Minimum number of members in private company is 7
Answer: Option D
This Question Belongs to Commerce >> Business And Commerce
A. Commerce
B. Industry and commerce
C. Trade and commerce
D. Selling and buying of goods
Which of the following is not an economic activity?
A. A doctor practicing
B. A lawyer practicing law
C. A professional cricketer playing cricket
D. A student playing cricket
Which of the following is an extractive industry?
A. Cattle breeding
B. Forest cultivation
C. Hunting
D. Flour mills
Which of the following is not a manufacturing industry?
A. Iron and steel works
B. Flour Mills
C. Fruit canning
D. Mining
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