Minimum subscription amount is relatedto which share capital?(A) Autho

1.	Minimum subscription amount is relatedto which share capital?(A) Authorized capital(B) Issued capital(C) Paid up capital(D) Reserve capital18.
Answer» A. Authorized Share Capital: The maximumamountof share capitala company is allowed to raise is called itsauthorized capital. Though this does not limit thenumberofsharesa company may issue, it does put a ceiling on the totalamountof money that can be raised by the sale of those shares Please hit a like

Minimum subscription amount is relatedto which share capital?(A) Authorized capital(B) Issued capital(C) Paid up capital(D) Reserve capital18.

Answer»

A. Authorized Share Capital:

The maximumamountof share capitala company is allowed to raise is called itsauthorized capital.

Though this does not limit thenumberofsharesa company may issue, it does put a ceiling on the totalamountof money that can be raised by the sale of those shares

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Minimum subscription amount is relatedto which share capital?(A) Authorized capital(B) Issued capital(C) Paid up capital(D) Reserve capital18.

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