Part of the subscribed capital which has been called up on the shares, i.e., what the company has asked the shareholders to pay is known as..........

Called up capital

The correct answer is option 1- Called up capital.

Part of the subscribed capital which has been called up on the shares, i.e., what the company has asked the shareholders to pay is known as Called up capital.

Called up Capital: It is that part of the subscribed capital that 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.