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Accountancy · 2024 · 1 mark
CBSE 2024 · Region 1 · Set 2 · Q14
Reserve capital is that part of capital which cannot be called except at the time of winding up of the company.
Reserve capital is that part of _________ capital which cannot be called except at the time of winding up of the company.
Official answer
(C)
Uncalled
Marking-scheme solution
(C)
Uncalled
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CBSE Class 12 Accountancy past-paper question from the 2024 board exam, with the answer as CBSE’s own marking scheme gives it. Where our answers come from.