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 Law A...
Apply
700+ Campus placements at top national and global law firms, corporates and judiciaries
Amity University Noida B.Tech...
Apply
Among Top 30 National Universities for Engineering (NIRF 2024) | 30+ Specializations | AI Powered Learning & State-of-the-Art Facilities
Amity University Noida MBA Ad...
Apply
Amongst top 3% universities globally (QS Rankings) | Ranked among top 10 B-Schools in India by multiple publications
Amity University, Noida BBA A...
Apply
Ranked amongst top 3% universities globally (QS Rankings)
MAHE Online MBA
Apply
Apply for Online MBA from Manipal Academy of Higher Education (MAHE)
FLAME University | MBA 2026
Apply
NAAC A++ Grade | MBA program graded A** (National) by CRISIL | AACSB, ACBSP and BGA Member
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