Q1: The minimum and the maximum number of members required to form a Private Limited Joint Stock Company are respectively

ANS:C - 2 and 50

The minimum and maximum number of members required to form a Private Limited Joint Stock Company are respectively 2 and 50. In most jurisdictions, including many countries, a private limited company can be formed with a minimum of two members/shareholders and can have a maximum of fifty members/shareholders. This structure allows for flexibility in ownership and management while still maintaining the benefits of limited liability and separate legal entity status.