AIBE XVIII 2023 Set A Question 70

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Question 70 of 100 AIBE XVIII 2023 Set A

In which of the following situations a one person company (OPC) will mandatorily get converted into either private or public company?

A In case the paid-up share capital of an OPC exceeds twenty-five lakh rupees.
B In case the paid-up share capital of an OPC exceeds fifty lakh rupees. Official answer
C In case the paid-up share capital of an OPC exceeds seventy-five lakh rupees.
D In case the paid-up share capital of an OPC exceeds one crore rupees.