Arrange the following categories of share capital in the correct order of their classification.
A. Subscribed capital
B. Reserve capital
C. Paid up capital
D. Uncalled capital
E. Called up capital
Choose the correct answer from the options given below:
Answer & explanation
Correct answer: option 2
The correct answer is Option (2) → A, E, C, D, B
The book classifies share capital in this order, each category being a part of the one before:
(A) Subscribed capital – the part of the issued capital taken up by the public.
(E) Called up capital – the part of the subscribed capital that has been called.
(C) Paid up capital – the part of the called up capital actually received.
(D) Uncalled capital – the part of the subscribed capital not yet called.
(B) Reserve capital – the part of the uncalled capital kept to be called only on winding up.
NCERT (2026-27 edition):
NCERT (2026-27 edition):
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