Practicing Success

Target Exam

CUET

Subject

Business Studies

Chapter

Formation of a Company

Question:

Who allot a Director Identification Number(DIN) to an application within one month from the receipt of the application?

Options:

Registrar

SEBI

State Government

Central Government

Correct Answer:

Central Government

Explanation:

The correct answer is option 4- Central Government.

Every Individual intending to be appointed as director of a company shall make an application for allotment of Director Identification Number (DIN) to the Central Government in prescribed form along with fees. The Central Government shall allot a Director Identification Number to an application within one month from the receipt of the application. No individual, who has already been allotted a Director Identification Number, shall apply for, obtain or possess another Director Identification Number.