6 Questions
Which of the following is NOT a requirement to start a business in India?
Owning property in India
What is the maximum number of partners allowed in a partnership firm in India?
5
Which of the following is a benefit of registering a business as a Limited Liability Partnership (LLP) in India?
Limited liability for the partners
Which type of business entity in India provides limited liability to its owners?
Private Limited Company
What is the minimum number of partners required to start a Limited Liability Partnership (LLP) in India?
2
What is the most common type of business entity in India?
Sole Proprietorship
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