Business Studies

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


ANSWER

Public Company


SOLUTION
A public company, publicly traded company, publicly held company, publicly listed company, or public limited company is a corporation whose ownership is dispersed among the general public in many shares of stock which are freely traded on a stock exchange or in over the counter markets ,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.
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Single Correct Medium Published on 18th 08, 2020
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