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प्रश्न
State whether you agree or disagree with following statement:
The Authorised capital is also known as Nominal Capital.
विकल्प
Agree
Disagree
MCQ
सत्य या असत्य
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उत्तर
I Agree with the given statement.
Explanation:
The Authorised Capital is the amount of share Capital which a company is authorised to issue by its Memorandum of Association. The amount of Authorised capital is determined after taking into consideration the future requirements of capital of the company. This capital is also known as “Nominal Capital” or “Registered Capital”.
shaalaa.com
क्या इस प्रश्न या उत्तर में कोई त्रुटि है?
अध्याय 8: Company Accounts - Issue of Shares - Exercise 8.1 (Objective Questions) [पृष्ठ ३४०]
