Multiple choice

Which share capital refers to the part of the called-up capital, which has been paid by the shareholders?

  1. Authorised

  2. Issued

  3. Paid up

  4. Called up
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

The authorised share capital is the maximum capital that a company can raise during its lifetime. Issued share capital is that capital which is offered to the public. Called up capital is that part of issued share capital which is called up by the company and paid up share capital is that part of called up capital which is paid by the equity shareholders.

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