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easyMCQCUET Accountancy 2025 14 May Shift 22026Accountancy
1 mark

Which of the following terms is alternatively used to describe the Registered Capital of a corporate entity?

  1. A
    Subscribed capital
  2. B
    Issued Capital
  3. C
    Nominal Capital
  4. D
    Reserve capital

Solution & Step-by-step Explanation

Nominal Capital (also known as Authorised Capital) is the maximum amount of share capital that a company is authorized to issue by its Memorandum of Association. Because this amount is registered with the Registrar of Companies (ROC) at the time of incorporation, it is also called Registered Capital.

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Which of the following terms is alternatively used to describe the Registered Capital of a corporate entity?
A
Subscribed capital
B
Issued Capital
C
Nominal Capital
D
Reserve capital

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