Maharashtra State BoardHSC Commerce 12th Board Exam
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Correct the underlined word and rewrite the following sentence. Issued capital is the maximum capital which a company can raise by issuing shares. - Secretarial Practice

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One Line Answer

Correct the underlined word and rewrite the following sentence.

Issued capital is the maximum capital which a company can raise by issuing shares.

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Solution

Authorised capital is the maximum capital which a company can raise by issuing shares.

Concept: Classification of Share Capital
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APPEARS IN

Balbharati Secretarial Practice 12th Standard HSC Maharashtra State Board
Chapter 3 Issue of Shares
Exercises | Q 1. I) 1. | Page 65
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