Match the LIST-I with LIST-II
LIST-I LIST-II A. Issued Capital I. Portion of capital which has been actually received from the shareholders. B. Subscribed Capital II. Portion of capital to be called only in the event of winding up of the company C. Paid up Capital III. Portion of issued capital which has been actually subscribed by the public. D. Reserve Capital IV. Portion of capital which is actually issued to the public for subscription.
Choose the correct answer from the options given below:
Match the LIST-I with LIST-II
| LIST-I | LIST-II | ||
|---|---|---|---|
| A. | Issued Capital | I. | Portion of capital which has been actually received from the shareholders. |
| B. | Subscribed Capital | II. | Portion of capital to be called only in the event of winding up of the company |
| C. | Paid up Capital | III. | Portion of issued capital which has been actually subscribed by the public. |
| D. | Reserve Capital | IV. | Portion of capital which is actually issued to the public for subscription. |
Choose the correct answer from the options given below:
Solution
✅ Correct Option: 2
Issued capital is the part of authorised capital offered to the public (IV). Subscribed capital is the part of issued capital actually taken up (III). Paid-up capital is the amount actually received (I). Reserve capital is that part of uncalled capital callable only on winding up (II).
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