Question

Question #3
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Paid up capital of a banking company
must be one half by-..​

Answer 1

in which class this question is there

Answer 2

Answer:

The subscribed capital of the banking company should not be less than one- half of the authorised capital. The paid- up capital should not be less than one- half of the subscribed capital. If the capital is increased, the company must comply with the prescribed conditions within two years or as directed by RBI.