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The portion of authorized capital that has been allotted to subscribers

The portion of authorized capital that has been allotted to subscribers

  • A.
    called up capital
  • B.
    paid up capital
  • C.
    issued capital
  • D.
    nominal capital
Correct Answer: Option C
Explanation

The Issued Capital refers to the number of shares issued by the company to the shareholders. In other words, the shares allotted or subsequently held by the shareholders is called the issued capital.