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easyMCQCUET Accountancy 2025 3 June Shift 12026Accountancy
1 mark

Nominal share capital is :

  1. A
    That part of the authorised capital which is issued by the company.
  2. B
    The amount of capital which is actually applied for by the prospective shareholders.
  3. C
    The maximum amount of share capital which a company is authorized to issue.
  4. D
    The amount actually paid by the shareholders.

Solution & Step-by-step Explanation

Nominal Capital, also widely known as Authorized Capital or Registered Capital, represents the maximum total face value of share capital that a company is legally permitted to issue under its Memorandum of Association (MoA).

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Nominal share capital is :
A
That part of the authorised capital which is issued by the company.
B
The amount of capital which is actually applied for by the prospective shareholders.
C
The maximum amount of share capital which a company is authorized to issue.
D
The amount actually paid by the shareholders.

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