The correct answer is option 2- (A)-(III), (B)-(I), (C)-(IV), (D)-(II).
| LIST I |
LIST II |
| (A) Reserve Capital |
(III) A company may reserve a portion of its uncalled capital to be
called only in the event of winding up of the company. |
| (B) Uncalled Capital |
(I) That portion of the subscribed capital which has
not yet been called up. |
| (C) Paid up Capital |
(IV) It is that portion of the called up capital which has been
actually received from the shareholders. |
| (D) Subscribed Capital |
(II) It is that part of the issued capital which has been
actually subscribed by the public. |
(A) Reserve Capital- (III) A company may reserve a portion of its uncalled capital to be called only in the event of winding up of the company.
A company may reserve a portion of its uncalled capital to be called only in the event of winding up of the company. Such uncalled amount is called ‘Reserve Capital’ of the company. It is available only for the creditors on the winding up of a company. It is not shown in the balance sheet of the company.
(B) Uncalled Capital- (I) That portion of the subscribed capital which has not yet been called up.
The portion of Subscribed Capital which has not yet been called up by the company is called "Uncalled up capital." It represents the potential future liability of shareholders to fulfill their commitment to pay for the shares.
(C) Paid up Capital- (IV) It is that portion of the called up capital which has been actually received from the shareholders.
Paid up Capital is that portion of the called up capital which has been actually received from the shareholders. When the shareholders have paid all the called amount, the called up capital is the same to the paid up capital. If any of the shareholders has not paid amount on calls, such an amount may be called as ‘calls in arrears’. Therefore, paid up capital is equal to the called-up capital minus call in arrears.
(D) Subscribed Capital- (II) It is that part of the issued capital which has been actually subscribed by the public.
Subscribed Capital: It is that part of the issued capital which has been actually subscribed by the public. When the shares offered for public subscription are subscribed fully by the public the issued capital and subscribed capital would be the same. It may be noted that ultimately, the subscribed capital may be equal to or less than the issued capital. In case the number of shares subscribed is less than what is offered, the company allots only the number of shares for which subscription has been received. In case it is higher than what is offered, the allotment will be equal to the offer. | 
