Question : Arrange the following in proper sequence as a type of share capital :
(a) Paid up Capital
(b) Issued Capital
(c) Subscribed Capital
(d) Called up Capital
Option 1: Issued, Called-up, Paid-up, Subscribed
Option 2: Issued, Paid-up, Subscribed, Called-up
Option 3: Issued, Subscribed, Called-up, Paid-up
Option 4: None of the above
Correct Answer: Issued, Subscribed, Called-up, Paid-up
Solution : The correct sequence is Issued, Subscribed, Called-up, Paid-up.
Hence the correct answer is option 3.
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