Question

Partly paid up capital is____________.

• A. Authorized capital
• B. Subscribed capital
• C. Paid up capital
• D. Issued capital

Answer 1

The correct option is C Paid up capital

Called up Capital it is that part of the subscribed capital which has been called upon the shares.When the shareholders have paid all the call 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'.