What are the stages of promotion in business? (2024)

Q.

Stages in the formation of a public company are in the following manner

(a) Promotion, Commencement of business, Incorporation, Capital Subscription

(b) Incorporation, Capital Subscription, Commencement of business, promotion

(c) Promotion, Incorporation, Capital Subscription, Commencement of Business

(d) Capital Subscription, Promotion, Incorporation, Commencement of Business

Q. State with reasons whether the following statements are true or False.

SIDBI is the principal institution to promote small business.

Q. Write short answers of the followings.

What is the role of NABARD in promoting finance for small business?

Q.

Given below are some functions of a promoter.

1. Identification of business opportunity

2. Feasibility studies

3. Name Approval

What is the next function?