Question : Authorised share capital is also known as:
Option 1: Called up Capital
Option 2: Issued Capital
Option 3: Reserve Capital
Option 4: Nominal Capital
Correct Answer: Nominal Capital
Solution : The amount of share capital that a company may at any time raise by issuing new shares is known as authorised capital, sometimes known as nominal capital, and it is specified in the Memorandum of Association (MOA). A company is not permitted to issue shares worth more than its authorised capital.
Hence the correct answer is option 4.
Question : Minimum subscription amount of 90% is related to which share capital..........
Question : The portion of the capital that may only be accessed during the company's dissolution/winding up is referred to as-
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
Question : Reserve capital is a part of_____________.
Question : Which of the following assertions is accurate?
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