Advertisements
Advertisements
Question
Select the correct answer from the options given below and rewrite the statement.
______ capital refers to maximum capital a company can raise by issuing shares.
Options
Issued
Authorised
Paid-up
Solution
Authorised capital refers to maximum capital a company can raise by issuing shares.
APPEARS IN
RELATED QUESTIONS
Write a word or a term or a phrase which can substitute the following statement.
Capital that will be collected only at the time of winding up of a company
Write a word or a term or a phrase which can substitute the following statement.
Minimum amount to be collected from subscribers within thirty days of issue of prospectus.
State whether the following statement is true or false.
Shares not offered to the public for subscription is called as subscribed capital.
State whether the following statement is true or false.
Authorised capital is mentioned in capital clause of Memorandum of Association.
Complete the sentence.
Share capital refers to capital made up of Equity shares and ____________
Complete the sentence.
Reserve capital is part of ______
Correct the underlined word and rewrite the following sentence.
Issued capital is the maximum capital which a company can raise by issuing shares.
Explain the following term/concept.
Authorised capital
Explain the following term/concept.
Paid-up capital
Answer the following question.
Explain the classification of share capital.
Authorised capital is the maximum capital authorised by the Memorandum of Association.
Find the odd one.
