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Accountancy · 2025 · 1 mark
CBSE 2025 · Region 7 · Set 2 · Q10
The amount of share capital which a company is authorised to issue by its Memorandum of Association is known as:
The amount of share capital which a company is authorised to issue by its Memorandum of Association is known as :
Official answer
(C)
Nominal Capital/Registered Capital
Marking-scheme solution
(C)
Nominal Capital/ Registered Capital
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CBSE Class 12 Accountancy past-paper question from the 2025 board exam, with the answer as CBSE’s own marking scheme gives it. Where our answers come from.