CUET Preparation Today
Which of the following is not classified as a category of share capital of the company? |
Called up Capital Uncalled Capital Authorised Capital Unsubscribed Capital |
Unsubscribed Capital |
Correct answer: Option (4) → Unsubscribed Capital Concept: Categories of share capital, from Accounting for Share Capital. NCERT classifies share capital as Authorised, Issued, Subscribed, Called-up, Paid-up and Uncalled capital (with Reserve Capital as a further class). “Unsubscribed Capital” is not a recognised category – it is merely the part of issued capital not taken up by the public. Hence Option (4) is the odd one out. |
