Match List I with List II. List I List II A. Issued Capital I. Amount…

Match List I with List II.

List I	List II
A. Issued Capital	I. Amount of Capital company is authorised to issue
B. Authorised Capital	II. Part of capital which has not been called
C. Called-up Capital	III. Amount of capital issued to public
D. Uncalled Capital	IV. Part of capital called by the company

Choose the correct answer from the options given below :

Answer & explanation

Correct answer: option 1

The correct answer is Option (1) → A-III, B-I, C-IV, D-II

(A) Issued Capital — this matches (III) Amount of capital issued to public. It is the part of authorised capital actually offered to the public.

(B) Authorised Capital — this matches (I) Amount of Capital company is authorised to issue. It is the maximum capital fixed by the Memorandum of Association.

(C) Called-up Capital — this matches (IV) Part of capital called by the company. It is the amount the company has asked shareholders to pay.

(D) Uncalled Capital — this matches (II) Part of capital which has not been called. It is the part of subscribed capital not yet called up.

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.”

NCERT (2026-27 edition):
Issued Capital – “… It is that part of the authorised capital which is actually issued to the public for subscription including the shares allotted to vendors and the signatories to the company’s memorandum.”

NCERT (2026-27 edition):
Called up Capital – “… It is that part of the subscribed capital which has been called up on the shares, i.e., what the company has asked the shareholders to pay. The company may decide to call the entire amount or part of the face value of the shares, For example, if the face value (also called nominal value) of a share allotted is Rs. 10 and the company has called up only Rs. 7 per share, in that scenario, the called up capital is Rs. 7 per share. The remaining Rs. 3 may be collected from its shareholders as and when needed.”

NCERT (2026-27 edition):
Uncalled Capital – “… That portion of the subscribed capital which has not yet been called up.”