Which one of the following is the registered capital of the company?

Authorized capital

The correct answer is option 3- Authorized capital.

Authorised capital is the registered capital of the company.

Authorised capital is the amount of share capital that a company is authorised to issue by its Memorandum of Association. The company cannot raise more than the amount of capital as specified in the Memorandum of Association. It is also called Nominal or Registered capital. The authorised capital can be increased or decreased as per the procedure laid down in the Companies Act. It should be noted that the company need not issue the entire authorised capital for public subscription at a time. Depending upon its requirement, it may issue share capital but in any case, it should not be more than the amount of authorised capital.