Read the following passage and answer the following question.

ACD Ltd. was registered with a nominal capital of 30,000 shares of ₹10 each, Out of which 20,000 shares were offered to the public. The amount payable is ₹3 per share on the application, ₹4 per share on the allotment, and ₹3 per share on the first and final call. 19,000 shares are subscribed by the public which is allotted to them. All shareholders pay the full amount except a shareholder Ram who hold 1,000 shares not pay the final call.

How much amount will go in calls in arrears account of the company?

₹3,000

The correct answer is option 1- ₹3,000.

Amount not paid by shareholder = 1,000 X 3
                                               = ₹3,000

This amount is calls in arrears.