Question : Which of the following assertions is accurate?

Option 1: Authorised Capital < Issued Capital

Option 2: Authorised Capital > Issued Capital

Option 3: Paid up Capital > Issued Capital

Option 4: None of the above

Question : Arrange the following in proper sequence as a type of share capital :

(a) Paid up Capital

(b) Issued Capital

(c) Subscribed Capital

(d) Called up Capital

Option 1: Issued, Called-up, Paid-up, Subscribed

Option 2: Issued, Paid-up, Subscribed, Called-up

Option 3: Issued, Subscribed, Called-up, Paid-up

Option 4: None of the above

Question : Direction: In the following question you have to identify the correct response from the given premises stated according to the following symbol.

If > denotes +, < denotes -, + denotes ÷, % denotes *, - denotes =, * denotes > and = denotes <, choose the correct statement of the following.

Option 1: 13 > 7 < 6 + 2 = 3 % 4

Option 2: 9 > 5 > 4 - 18 + 9 > 16

Option 3: 9 < 3 < 2 > 1 * 8 % 2

Option 4: 28 + 4 % 2 = 6 % 4 + 2

Question : Reserve capital is not a part of 

Option 1: Authorized capital

Option 2: Subscribed capital 

Option 3: Unsubscribed capital 

Option 4: Issued capital 

Question : Reserve capital is not a part of 

Option 1: Authorized capital

Option 2: Subscribed capital 

Option 3: Unsubscribed capital 

Option 4: Issued capital