Which of the following capital is taken up by the general public?
A. Issued capital
B. Subscribed capital
C. Authorized capital
D. Reserve capital
Answer: Option A
Solution(By Examveda Team)
Issued capital refers to the portion of authorized capital that is offered to and taken up by the general public or shareholders. Subscribed capital is the part of issued capital that shareholders have agreed to buy. Authorized capital is the maximum amount of capital a company is allowed to issue. Reserve capital is not typically taken up by the general public; it's set aside for specific purposes. Therefore, the correct answer is Option A: Issued capital.Join The Discussion
Comments ( 3 )
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Option B is correct
It should be B
Its subscribed capital