Question : The part of uncalled capital, to be called only in the liquidation of a company is called:
Option 1: Un-reserved Capital
Option 2: Reserve Capital
Option 3: Capital Reserve
Option 4: Calls-in Arrears
Correct Answer: Capital Reserve
Solution : Answer = Capital Reserve
Capital Reserve refers to the portion of uncalled capital that remains to be called upon only in the event of the company's liquidation. It represents funds set aside for specific purposes, such as asset revaluation or future contingencies, and is not available for distribution to shareholders as dividends. Hence, the correct option is 3.
Question : Reserve capital is a part of_____________.
Option 1: Called up Capital
Option 2: Forfeited share Capital
Option 3: Unsubsribed capital
Option 4: Capital to be called up only on liquidation of company
Question : A portion of subscribed uncalled capital known as __________ and is referred to as such since it won't be called up unless and until the Company is unable to pay its debt in full, at the time of liquidation of the Company.
Option 1: Issued Capital
Option 2: Subscribed Capital
Option 3: Reserve Capital
Option 4: Capital Reserve
Question : Reserve capital is a part of:-
Option 1: Paid up capital
Option 2: Forfeited share capital
Option 3: Assets
Option 4: Capital is to be called up only on the liquidation of the company
Question : Issued Capital means-
Option 1: a part of the reserve capital that the company is offering for a subscription.
Option 2: a part of the authorized capital that the company is offering for a subscription.
Option 3: a part of the subscribed capital that the company is offering for a subscription.
Option 4: Both 1 and 2
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