Question

Authorised or Registered or Nominal Capital is ______.

पर्याय

• that part of authorised capital which is issued by the company.

• the amount of capital which is actually applied by prospective shareholders.

• the amount of capital which is paid by the shareholders.

• the maximum amount of share capital that a company is authorised to issue.

Answer 1

Authorised or Registered or Nominal Capital is the maximum amount of share capital that a company is authorised to issue.

Explanation:

Authorised Capital is the maximum amount of share capital that a company is permitted to issue according to its Memorandum of Association. It is also called Registered Capital or Nominal Capital.