When the entire face value of shares is called by the company and also paid by the shareholders, then it is said to be..................

Subscribed and fully paid-up capital

Subscribed Capital -
1) Subscribed and Fully Paid up- When the entire face value of shares is called by the company and also paid up by the shareholders
2) Subscribed but not Fully Paid up- a) When the entire face value of shares is not called by the company.
                                                     b) When the entire face value of shares is called by the company but not paid by the shareholders. Calls in arrears are created in such a situation.