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Consider the following statement (i) Paid up share capital which doesn't exceed 50 lakh rupees or such higher amount as may be prescribed which shall not be more than 5 crore rupees (ii) Paid up share which extends upto 50 lakh rupess or higher amount as may be prescribed which shall extends more than 5 crore Which of the following statements is/are correct?

Correct Answer: Only I

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Economic MCQ: Consider the following statement (i) Paid up share capital which doesn't exceed 50 lakh rupees or such higher amount as may be prescribed which shall not be more than 5 crore rupees (ii) Paid up share which extends upto 50 lakh rupess or higher amount as may be prescribed which shall extends more than 5 crore Which of the following statements is/are correct? | Extra Education