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.
Question : Minimum subscription amount of 90% is related to which share capital..........
Option 1: Authorised Capital, Nominal capital
Option 2: Issued Capital and subscribed capital
Option 3: Called up and Paid up Capital
Option 4: Reserve Capital
Question : Which of the following assertions is accurate?
Option 1: Authorised Capital < Issued Capital
Option 2: Authorised Capital > Issued Capital
Option 3: Paid up Capital > Issued Capital
Question : Which of the following statements is/are correct?
Option 1: Authorized Capital < Issued Capital
Option 2: Authorized Capital > Issued Capital
Option 3: Subscribed Capital > Issued Capital
Question : Which of the following capitals is missing from the Balance Sheet of a company?
Option 1: Authorised Capital
Option 2: Called & Paid up capital
Option 3: Issued and subscribed capital
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
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