Q211
Consider the following statements: Assertion (A): The number of members in a company is 20 and hence the company is a private company. Reason (R): According to the Companies Act, 1956 a private company is one, the number of members of which does not exceed 50.
A.
Both A and R are true and R is the correct explanation of A
B.
Both A and R are true but R is not correct explanation of A
C.
Both A and R do not present the whole truth
AnswerD.
Both A and R are false
Answer: Option C
Solution
Answer: Option C
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