Accountancy Part AAccounting for Shares

Which of the following indicates the other name of 'Nominal Capital'?

Answer & explanation

Correct answer: option 3

The correct answer is Option (3) → Registered Capital

NCERT (2026-27 edition):
Categories of Share Capital – “… 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.”