
Finance quiz -2 Types of companies
Quiz
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Financial Education
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Professional Development
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Practice Problem
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Medium
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20 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a private company?
A company held under private ownership whose shares trade on stock exchanges.
A company held under private ownership that may issue shares but does not trade them on stock exchanges.
A company that is owned by the government.
A company with unlimited members.
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a public company?
A company owned by a single individual.
A corporation whose ownership is distributed among the general public shareholders via the free trade of shares in the stock exchanges.
A company with restrictions on share transfers.
A company that does not issue shares.
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What happens when a public company changes to a private company?
The company issues new shares to the public.
The company is delisted from its associated stock exchanges and returns to private operations by buying back all outstanding shares from current shareholders.
The company becomes a government company.
The company merges with another public company.
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is NOT a difference between a public and a private company?
Minimum capital required.
Number of minimum and maximum members.
The ability to freely transfer shares.
The requirement to get certification of commencement of business.
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a government company?
A company with 100% private ownership.
A company where the government holds 51% or more of the shares.
A company formed under a special act of parliament.
A company registered in one country but doing business in another.
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is an example of a statutory company?
BHEL
ONGC
SEBI
Genpact
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What defines a foreign company?
A company owned by a single person.
A company registered in one country but doing business in another.
A company with shares listed in the stock market.
A company with shares not listed in the stock market.
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