13 Views

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


Team Careers360 6th Jan, 2024
Answer (1)
Team Careers360 18th Jan, 2024

Correct Answer: Authorised Capital, Nominal capital


Solution : Answer = Authorized Capital, Nominal capital

The minimum subscription amount of 90% is related to the Authorized Capital or Nominal Capital. Authorized capital refers to the maximum amount of share capital that a company is authorized to issue, and the minimum subscription amount ensures that at least 90% of this authorized capital is subscribed by investors.
Hence, the correct option is 1.

Related Questions

Amity University-Noida B.Tech...
Apply
Among top 100 Universities Globally in the Times Higher Education (THE) Interdisciplinary Science Rankings 2026
KIET MBA Admissions 2026
Apply
Affiliated to AKTU | Approved by AICTE | Accredited by NAAC A+ | Rs. 48.89 LPA Highest CTC | Microsoft, Samsung, Infosys, Adobe, Amazon | NIRF-2023...
VIT - VITEEE 2026
Apply
National level exam conducted by VIT University, Vellore | Ranked #16 by NIRF for Engg. | NAAC A++ Accredited
Great Lakes Institute of Mana...
Apply
Globally Recognized by AACSB (US) & AMBA (UK) | 17.8 LPA Avg. CTC for PGPM 2025
IBSAT 2025-ICFAI Business Sch...
Apply
IBSAT 2025-Your gateway to MBA/PGPM @ IBS Hyderabad and 8 other IBS campuses | Scholarships worth 10 CR
Amity University-Noida M.Tech...
Apply
Among top 100 Universities Globally in the Times Higher Education (THE) Interdisciplinary Science Rankings 2026
View All Application Forms

Download the Careers360 App on your Android phone

Regular exam updates, QnA, Predictors, College Applications & E-books now on your Mobile

150M+ Students
30,000+ Colleges
500+ Exams
1500+ E-books