HomeTestsSearchRankProfile
easyMCQCUET Accountancy 2025 13 May Shift 12026CUET Accountancy
1 mark

Nominal share capital is defined as:

  1. A
    that part of authorised share capital which is issued by the company.
  2. B
    that 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 Share Capital is alternative nomenclature for Authorised Share Capital or Registered Capital. It represents the ultimate ceiling amount of share capital that a company can register and issue under its Memorandum of Association (MoA).

Practice this question

Try it yourself before checking the explanation above.

Nominal share capital is defined as:
A
that part of authorised share capital which is issued by the company.
B
that 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.

Share This Question

Company AccountsShare Capital

Related Questions

easyMCQ

Which one of the following statements is true?

easyMCQ

Which of the following statements is not correct?

easyMCQ

Which one of the following statements is correct?

easyMCQ

The product formed by the reaction of an aldehyde with a primary amine is:

easyMCQ

Which part of the tobacco plant is infected by Meloidogyne incognita?

easyMCQ

The term ecosystem was coined by:

Ready for a Full Test?

Practice with timed mock tests and track your performance across CUET Accountancy.

Browse TestsLeaderboard

Discussion