Promoter is a person who __________. (Which of the following is most appropriate?)
A promoter undertakes the formation and incorporation of a company. Merely being a director, a shareholder or a relative of the managing director does not by itself make…
Choose your answer
Promoter is a person who __________.
(Which of the following is most appropriate?)
Answer and explanation
Correct answer A
A promoter undertakes the formation and incorporation of a company. Merely being a director, a shareholder or a relative of the managing director does not by itself make someone a promoter.
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Rajasthan SET (RSET)