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Question

The share capital is the portion of the authorised capital that is issued to the public for subscription.

A
issued
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B
nominal
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C
called-up
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D
subscribed
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Solution

The correct option is A issued
The issued share capital is the portion of the authorised capital that is issued to the public for subscription. The remaning part of authorised capital is known as unissued capital which can be issued later on.

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