Question

12. Subscribed capital is
(A) That part of authorised capital which is issued to public for subscription
(B) That part of issued capital which has been actually subscribed by the public
(C) That part of subscribed capital which has been called upon the shares
(D) The part of subscribed capital which has not yet been called upon the shares​

Answer 1

Answer:

Explanation:

subscribed capital means the amount of capital for which written commitments were received from bank shareholders (stockholders) for the contribution of funds under subscription to shares (stock)

Answer 2

Answer:

The part of issued capital which has been actually subscribed by the public