Class 12 Exam  >  Class 12 Questions  >  Nominal share capital isa)that part of author... Start Learning for Free
Nominal share capital is
  • a)
    that part of authorised capital which is issued by the company.
  • b)
    The amount of capital which is actually applied by prospective shareholders.
  • c)
    The amount of capital which is paid bythe shareholders.
  • d)
    The maximum amount of share capital that a company is authorised to issue.
Correct answer is option 'D'. Can you explain this answer?
Most Upvoted Answer
Nominal share capital isa)that part of authorised capital which is iss...
Nominal Share Capital

Nominal share capital refers to the maximum amount of share capital that a company is authorised to issue. It is also known as authorised share capital or registered capital. This limit is specified in the company's memorandum of association and defines the maximum amount of capital that the company can raise by issuing shares.

Explanation of Options

a) That part of authorised capital which is issued by the company: This definition is incorrect because nominal share capital refers to the maximum amount of capital that a company can issue, not the portion that has already been issued.

b) The amount of capital which is actually applied by prospective shareholders: This definition is incorrect because nominal share capital is not the amount that has been applied for, but rather the maximum amount that a company can issue.

c) The amount of capital which is paid by the shareholders: This definition is incorrect because nominal share capital is not the amount that has been paid by the shareholders, but rather the maximum amount that a company can issue.

d) The maximum amount of share capital that a company is authorised to issue: This definition is correct. Nominal share capital is the maximum amount of share capital that a company is authorised to issue, as specified in its memorandum of association.

Conclusion

In conclusion, nominal share capital is the maximum amount of share capital that a company is authorised to issue. This limit is specified in the company's memorandum of association and defines the maximum amount of capital that the company can raise by issuing shares.
Explore Courses for Class 12 exam
Nominal share capital isa)that part of authorised capital which is issued by the company.b)The amount of capital which is actually applied by prospective shareholders.c)The amount of capital which is paid bythe shareholders.d)The maximum amount of share capital that a company is authorised to issue.Correct answer is option 'D'. Can you explain this answer?
Question Description
Nominal share capital isa)that part of authorised capital which is issued by the company.b)The amount of capital which is actually applied by prospective shareholders.c)The amount of capital which is paid bythe shareholders.d)The maximum amount of share capital that a company is authorised to issue.Correct answer is option 'D'. Can you explain this answer? for Class 12 2025 is part of Class 12 preparation. The Question and answers have been prepared according to the Class 12 exam syllabus. Information about Nominal share capital isa)that part of authorised capital which is issued by the company.b)The amount of capital which is actually applied by prospective shareholders.c)The amount of capital which is paid bythe shareholders.d)The maximum amount of share capital that a company is authorised to issue.Correct answer is option 'D'. Can you explain this answer? covers all topics & solutions for Class 12 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Nominal share capital isa)that part of authorised capital which is issued by the company.b)The amount of capital which is actually applied by prospective shareholders.c)The amount of capital which is paid bythe shareholders.d)The maximum amount of share capital that a company is authorised to issue.Correct answer is option 'D'. Can you explain this answer?.
Solutions for Nominal share capital isa)that part of authorised capital which is issued by the company.b)The amount of capital which is actually applied by prospective shareholders.c)The amount of capital which is paid bythe shareholders.d)The maximum amount of share capital that a company is authorised to issue.Correct answer is option 'D'. Can you explain this answer? in English & in Hindi are available as part of our courses for Class 12. Download more important topics, notes, lectures and mock test series for Class 12 Exam by signing up for free.
Here you can find the meaning of Nominal share capital isa)that part of authorised capital which is issued by the company.b)The amount of capital which is actually applied by prospective shareholders.c)The amount of capital which is paid bythe shareholders.d)The maximum amount of share capital that a company is authorised to issue.Correct answer is option 'D'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of Nominal share capital isa)that part of authorised capital which is issued by the company.b)The amount of capital which is actually applied by prospective shareholders.c)The amount of capital which is paid bythe shareholders.d)The maximum amount of share capital that a company is authorised to issue.Correct answer is option 'D'. Can you explain this answer?, a detailed solution for Nominal share capital isa)that part of authorised capital which is issued by the company.b)The amount of capital which is actually applied by prospective shareholders.c)The amount of capital which is paid bythe shareholders.d)The maximum amount of share capital that a company is authorised to issue.Correct answer is option 'D'. Can you explain this answer? has been provided alongside types of Nominal share capital isa)that part of authorised capital which is issued by the company.b)The amount of capital which is actually applied by prospective shareholders.c)The amount of capital which is paid bythe shareholders.d)The maximum amount of share capital that a company is authorised to issue.Correct answer is option 'D'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice Nominal share capital isa)that part of authorised capital which is issued by the company.b)The amount of capital which is actually applied by prospective shareholders.c)The amount of capital which is paid bythe shareholders.d)The maximum amount of share capital that a company is authorised to issue.Correct answer is option 'D'. Can you explain this answer? tests, examples and also practice Class 12 tests.
Explore Courses for Class 12 exam
Signup for Free!
Signup to see your scores go up within 7 days! Learn & Practice with 1000+ FREE Notes, Videos & Tests.
10M+ students study on EduRev