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Question

Capital of the company which is usually divided into different units of a fixed amount known as_____.

A
Debentures
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B
Shares
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C
Profit Ratio
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D
None of the Above
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Solution

The correct option is B Shares
The amount provided by the owner is known as capital. The capital of a company is share capital. Total capital id divided into a number of small indivisible units of a fixed amount and each such unit is known as share.

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