Multiple Choice Questions on Any body corporate formed by a special Act of Parliament or State legislature is known as ........ for SEBI Grade A ( Officer) Exam Preparation

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Multiple Choice Questions

Any body corporate formed by a special Act of Parliament or State legislature is known as ........

Companies Act-Phase (I & II) Introduction to Company Act
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    Any body corporate formed by a special Act of Parliament or State legislature is known as:

    Government company

    Incorrect Answer

    Statutory corporation

    Correct Answer

    Public Limited company

    Incorrect Answer

    Private Limited company

    Incorrect Answer

    None of the above

    Incorrect Answer
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    Explanation:

    Statutory corporation is a body corporate formed by a special Act of Parliament or State legislature like Reserve Bank of India is incorporated by passing RBI Act, 1934

    By: Vikas Goyal
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