what is authorised capital ?

Answer Posted / ankita

Authorized capital is the maximum amount of capital that a
company can raise in it's lifetime.

Is This Answer Correct ?    11 Yes 3 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

What do you mean by return on assets? What does it indicate?

615


What is IFSC Code and why is it used?

701


What are NBFCs and difference between NBFCs and Bank?

637


What are the skills required to become actuarial?

630


Ten years down the line where would you see yourself?

627






Is there any ethical dilemma that the banks face?

726


How is online banking beneficial to us?

671


Which bank comes under the category of apex banks.

656


Explain profitability group ratios.

707


What are the different risk management techniques used in trading?

641


What is the National Income?

646


What are the different departments in RBI?

692


What is the bank charge for 'overdraft protection' service?

632


What Entry Will Be Passed if Shares Are Issued at Premium?

627


How will your professional knowledge be helpful in the banking career?

641