25 Views

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.


Team Careers360 20th Jan, 2024
Answer (1)
Team Careers360 23rd Jan, 2024

Correct Answer: The maximum amount of share capital that the company is authorized to issue.


Solution : Answer = The maximum amount of share capital that the company is authorized to issue.

Authorized, Registered, or Nominal Capital refers to that amount which is stated in the Memorandum of Association. This is the maximum capital for which a company is authorized to issue shares during its lifetime.

Related Questions

Amity University, Noida : MBA...
Apply
Ranked among top 10 B-Schools in India by multiple publications | Top Recruiters-Google, MicKinsey, Amazon, BCG & many more.
Amity University Noida B.Tech...
Apply
Among top 100 Universities Globally in the Times Higher Education (THE) Interdisciplinary Science Rankings 2026
UPES B.Tech Admissions 2026
Apply
Ranked #43 among Engineering colleges in India by NIRF | Highest Package 1.3 CR , 100% Placements
Amity University, Noida | Law...
Apply
Among top 100 Universities Globally in the Times Higher Education (THE) Interdisciplinary Science Rankings 2026
XIME Bangalore PGDM Admission...
Apply
Accredited by AICTE & NBA | Highest CTC 14.7 LPA | Average CTC 10.5 LPA | Key Recruiters: EY, Deloitte, KPMG, HCL
UPES Integrated LLB Admission...
Apply
Ranked #18 amongst Institutions in India by NIRF | Ranked #1 in India for Academic Reputation by QS Rankings | 16 LPA Highest CTC
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