As per Companies Act, 2013, a one person company is a:
Answer & explanation
Correct answer: option 2
The correct answer is Option (2) → private company
A one person company has only one member. The Companies Act, 2013 brings it under the private company: a private company must have at least two members except in the case of a one person company, and Section 2(68) defines it accordingly.
NCERT (2026-27 edition):
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