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Classification of Share Capital - Topic 1

Total questions: 12

Worksheet time: 10mins

Name
Class
Date
1.

Select the correct option.

__________refers to capital made up of Equity and preference shares

a)

Share capital

b)

Debt capital

c)

Reserve fund

2.

Select the correct option.

________ capital refers to maximum capital a company can raise by issuing shares.

a)

Issued

b)

Authorised

c)

Paid–up

3.

Select the correct option.

___________ capital is a part of uncalled capital.

a)

Subscribed

b)

Reserve

c)

Issued

4.

Give a word or a term or a phrase.

Capital collected by way of issue of Equity and Preference shares.

(a)  

5.

Give a word or a term or a phrase.

Part of issued capital subscribed by investors.

(a)  

6.

Give a word or a term or a phrase.

Capital that will be collected only at the time of winding up of a company.

(a)  

7.

Give a word or a term or a phrase.

It is also called as ‘Capitalisation of Profits’.

(a)  

8.

State whether true or false.

Shares not offered to the public for subscription is called as subscribed capital.

a)
b)
9.

Find the odd one.

Authorised capital, Equity share capital, Issued capital, Paid-up capital

a)

Authorised capital

b)

Equity share capital

c)

Issued capital

d)

Paid-up capital

10.

Complete the sentence.

Share capital refers to capital made up of Equity shares and (a)   .

11.

Complete the sentence.

Reserve capital is part of (a)   .

12.

Correct the underlined word/s.

Issued capital is the maximum capital which a company can raise by issuing shares.

(a)