Authorised Capital is the maximum capital a company can raise (II). Reserve Capital is part of uncalled capital, called only at winding up (I). Issued Capital is offered to the public for subscription (III). Subscribed but not fully paid is amount called and received but not fully (IV). Hence A-II, B-I, C-III, D-IV.
Match List - I with List - II. | List - I | List - II | |----------|-----------| | (A) Authorised Capital | (I) A portion of uncalled share capital…
CUET UG 2023 — Accountancy Company Accounts
2023mcqeasy
Match List - I with List - II.
| List - I | List - II |
|---|---|
| (A) Authorised Capital | (I) A portion of uncalled share capital will be called at the time of winding up |
| (B) Reserve Capital | (II) Maximum amount of share capital a company could raise during its life time |
| (C) Issued Capital | (III) Capital issued to public for subscription |
| (D) Subscribed but not fully paid capital | (IV) Amount called up and received but not fully |
Choose the correct answer from the options given below :
Official previous-year question
Held on 28 May 2023 · Verified 13 Jul 2026.
Options
- A
(A)-(II), (B)-(I), (C)-(III), (D)-(IV)
- B
(A)-(II), (B)-(I), (C)-(IV), (D)-(III)
- C
(A)-(II), (B)-(IV), (C)-(I), (D)-(III)
- D
(A)-(II), (B)-(III), (C)-(I), (D)-(IV)
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