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  • Accounting and Finance for Bankers - 3 (JAIIB)
  • ________ is stated in the Memorandum of Association as th...
Multiple choice

________ is stated in the Memorandum of Association as the share capital of the company.

  1. Called-up capital

  2. Paid-up capital

  3. Authorized capital

  4. Subscribed capital

Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

Correct Answer: Authorized capital

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