Match List-I with List-II
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List-I |
List-II |
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(A) Calls in advance |
(I) The maximum number of members is 200. |
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(B) Calls in arrears |
(II) 12 % |
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(C) Private company |
(III) 10 % |
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(D) Public company |
(IV) No limit on the maximum number of members. |
Choose the correct answer from the options given below:
Answer & explanation
Correct answer: option 2
The correct answer is Option (2) → (A)-(II), (B)-(III), (C)-(I), (D)-(IV)
(A) Calls in advance — this matches (II) 12%. Table F lets the company pay interest of up to 12% a year on money received before it is called.
(B) Calls in arrears — this matches (III) 10%. Table F lets the company charge interest of up to 10% a year on calls not paid on time.
(C) Private company — this matches (I). Its articles limit its members to 200, excluding employees.
(D) Public company — this matches (IV). A public company is one that is not a private company, so the limit of 200 does not apply and there is no maximum.
NCERT (2026-27 edition): NCERT (2026-27 edition): NCERT (2026-27 edition):
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