wiz-icon
MyQuestionIcon
MyQuestionIcon
1
You visited us 1 times! Enjoying our articles? Unlock Full Access!
Question

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

A
Authorised Capital
No worries! We‘ve got your back. Try BYJU‘S free classes today!
B
Registered Capital
No worries! We‘ve got your back. Try BYJU‘S free classes today!
C
Nominal Capital
No worries! We‘ve got your back. Try BYJU‘S free classes today!
D
All of these
Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses
Open in App
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.


flag
Suggest Corrections
thumbs-up
0
Join BYJU'S Learning Program
similar_icon
Related Videos
thumbnail
lock
Why to Invest in a Company?
ACCOUNTANCY
Watch in App
Join BYJU'S Learning Program
CrossIcon