Answer Posted / ketan
it is also called registerd capital, bcoz it is capital
which is regestered by regegister of the company.
& its also called nominal capital ,bcoz the company has
this capital ,only in name& only a portion of this is
collected through public subccription ,.
. AUTHORIZED CAPITAL: DEFINITION
it is a maximum amount of a capital which a company is
authorized to raise from public by issue of shares.& it is
capital which is mentioned under the capital cluase of the
memorandum of association of the company .
| Is This Answer Correct ? | 7 Yes | 1 No |
Post New Answer View All Answers
compare cumulative & non-cumulative shares
What is fixed assets turnover ratio? What does it indicate?
Do you think role of leaders and managers is same?
What are the threats to internet security?
What are the services generally provided by a bank's branch?
How does LPG helped to improve the economy?
Does leasing release the firm from bad investment? Explain.
What are the different types of markets that can co-exist?
How many number of SBI branches are there in West Bengal ?
What do you mean by refinance?
What do you mean by return on capital employed? What does it indicate?
Explain the different ways you can operate your accounts?
Who conducts national banking entrance exam (nbet)?
What do you know about RBI? State its role economic development of the nation?
Do you know what LAF is?
