Match List-I with List-II. List I List II A. Capital called only in t…

Match List-I with List-II.

List I	List II
A. Capital called only in the event of winding up of the company	I. Nominal Capital
B. Other name of Registered Capital	II. Issued Capital
C. Subscribed Capital is a part of which capital	III. Capital Reserve
D. A type of capital profit	IV. Reserve Capital

Choose the correct answer from below.

Answer & explanation

Correct answer: option 2

The correct answer is Option (2) → A-IV, B-I, C-II, D-III

(A) Capital called only in the event of winding up of the company — this matches (IV) Reserve Capital. It is the uncalled capital kept for creditors on winding up.

(B) Other name of Registered Capital — this matches (I) Nominal Capital. Authorised capital is also called nominal or registered capital.

(C) Subscribed Capital is a part of which capital — this matches (II) Issued Capital. Subscribed capital is the part of the issued capital actually taken up by the public.

(D) A type of capital profit — this matches (III) Capital Reserve. Capital profits, such as the gain on reissue of forfeited shares, are transferred to Capital Reserve.

NCERT (2026-27 edition):
Reserve Capital

Extract from the NCERT textbook

NCERT (2026-27 edition):
Authorised Capital – “… Authorised capital is the amount of share capital which 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.”

NCERT (2026-27 edition):
Subscribed Capital – “… It is that part of the issued capital which has been actually subscribed by the public.”

NCERT (2026-27 edition):
Forfeiture of Shares – “… The balance, if any, left in the Share-Forfeited Account relating to reissued Shares, should be treated as capital profit and transferred to Capital Reserve Account.”