Target Exam

CUET

Subject

Accountancy Part A

Chapter

Accounting for Shares

Question:

Which of the following is also known by the name of the authorised capital of the company ?

(A) Nominal Capital

(B) Subscribed Capital

(C) Issued Capital

(D) Registered Capital

Choose the correct answer from the options given below:

Options:

(A) and (B) only

(B) and (C) only

(A) and (D) only

(B) and (D) only

Correct Answer:

(A) and (D) only

Explanation:

The correct answer is Option (3) → 

(A) and (D) only