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Select the correct answer from the options given below and rewrite the statement. ______ capital refers to maximum capital a company can raise by issuing shares. - Secretarial Practice

MCQ

Select the correct answer from the options given below and rewrite the statement.

______ capital refers to maximum capital a company can raise by issuing shares.

Options

  • Issued

  • Authorised

  • Paid-up

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Solution

Authorised capital refers to maximum capital a company can raise by issuing shares.

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APPEARS IN

Balbharati Secretarial Practice 12th Standard HSC Maharashtra State Board
Chapter 3 Issue of Shares
Exercise Q.1 | Q 1.02 | Page 61
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