New SIDBI Grade A New Batch Starts on Nov 18

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    Question

    The person engaged in the formation of company are known as-

    A Directors Correct Answer Incorrect Answer
    B Promoters Correct Answer Incorrect Answer
    C Employees Correct Answer Incorrect Answer
    D Shareholders Correct Answer Incorrect Answer

    Solution

    Persons who form the company are known as promoters. It is they who conceive the idea of forming the company. They take all necessary steps for its registration.

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