Question : Nominal share capital is ________.

Option 1: That part of authorized capital which is issued by the company 

Option 2: That amount of capital whch is actually applied by the prospective shareholders 

Option 3: That amount of capital which is actually paid by shareholders

Option 4: The maximum amount of share capital that the company is authorized to issue.

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 : Name the head of Capital Clause of Memorandum of Association of a company in which the maximum amount of share capital mentioned is called______________.

Option 1: Reserve Capital

Option 2: Subscribed Capital

Option 3: Authorised Capital

Option 4: 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

Option 4: None of the above

Question : Authorised Capital means-

Option 1: It is the minimum amount of capital which the company is, for the time being, authorised to raise

Option 2: It is the maximum amount of capital which the company is, for the time being, authorised to raise

Option 3: It is the Pro-rata amount of capital which the company is, for the time being, authorised to raise

Option 4: None of the above