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      Question

      ______________means such part of the capital which is

      for the time being subscribed by the members of a company
      A Paid-up capital Correct Answer Incorrect Answer
      B Approved capital Correct Answer Incorrect Answer
      C Allocated capital Correct Answer Incorrect Answer
      D Subscribed capital Correct Answer Incorrect Answer
      E Subscription capital Correct Answer Incorrect Answer

      Solution

      Companies Act, Section 2(86) Subscribed capital means such part of the capital which is for the time being subscribed by the members of a company.

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