Question

Select the most appropriate answer from the alternatives given below and rewrite the sentence :
Paid up, value of all shares allotted is called ______________ capital.

Options

• uncalled

• issued

• subscribed

• nominal

Answer 1

Paid up value of all shares allotted is called subscribed capital.

Explanation: The part of the issued capital that is subscribed to and paid by the public is called subscribed capital.