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Question

The Amount of capital that is mentioned in capital clause is known as _________.

A
Authorised Capital
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B
Registered Capital
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C
Nominal Capital
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D
All of these
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Solution

The correct option is D All of these
The amount of capital with which a company is registered is called authorized/registered/nominal capital.
This is the amount of capital which is mentioned in the capital clause of the memorandum of association.


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