Current Affairs - Banking - Discussion

Discussion :: Banking - Latest Current Affairs (Q.No.190)

190. 

What term is used for maximum capital which the company can raise in its life time?

[A]. Authorized Capital
[B]. Registered Capital
[C]. Nominal capital
[D]. All of them

Answer: Option D

Explanation:

Authorized Capital, Registered Capital and Nominal capital all the three terms are used for maximum capital which the company can raise in its life time.

Biswajit Halder said: (Nov 17, 2019)  
Describe different types of capital.

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