Question

_________refers to that of the issued capital which has actually been subscribed by the public.

• A. Called up capital
• B. Subscribed capital
• C. Issued capital
• D. Nominal or authorized capital

Answer 1

The correct option is B Subscribed capital

Every company has a certain amount of capital that it can raise during its lifetime, called the "authorised capital". Now, when a company goes for an issue of shares, the amount allowed to be issued is called "issued capital", while the amount actually subscribed to is called "subscribed capital".