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Question
Amount required to start a company is called ___ .
Amount required to start a company is called
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Solution
The correct option is A capital
To establish a company, desiring persons come together and form a company which needs to be registered under the Companies Act 1956. The amount required to start a company is called capital.
This capital is usually divided into small equal parts, each part is of ₹1 , ₹2 , ₹5 , ₹10 or ₹100 etc. This small part is called share of the company. Very often these shares are sold in the sharemarket to raise the capital.
To establish a company, desiring persons come together and form a company which needs to be registered under the Companies Act 1956. The amount required to start a company is called capital.
This capital is usually divided into small equal parts, each part is of ₹1 , ₹2 , ₹5 , ₹10 or ₹100 etc. This small part is called share of the company. Very often these shares are sold in the sharemarket to raise the capital.
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