Answer-What is the authorized share up capital of NaBFID?

Section 5 of NaBFID Act The authorised share capital of the Institution shall be one hundred thousand crore rupees divided into ten thousand crores of fully paid-up shares of ten rupees each

Question

What is the authorized share up capital of

NaBFID?

A one hundred thousand crore rupees

B one hundred crore rupees

C one thousand crore rupees

D one crore rupees

E five hundred crore rupees

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What is the authorized share up capital of

Solution