Share Capital Quiz

The layman's perception of capital is that it is the money invested in a business.

In a company limited by shares, the word 'capital' refers to the share capital i.e., the capital in terms of rupees divided into a specified number of shares.

The two types of capital mentioned in the text are fixed capital and circulating capital.

<p>The two types of capital mentioned in the text are fixed capital and circulating capital.</p> Signup and view all the answers

<p>The phrase 'loan or borrowed capital' refers to money borrowed by the company and secured by issuing debentures.</p> Signup and view all the answers

<p>'Capital' in the context of a company limited by shares refers to the share capital, which is the capital in terms of rupees divided into a specified number of shares each having a fixed rupee value.</p> Signup and view all the answers

<p>Money used to acquire business premises</p> Signup and view all the answers

<p>Money borrowed by the company and secured by issuing debentures</p> Signup and view all the answers

<p>10,000 shares of Rs.10 each</p> Signup and view all the answers

<p>Referring to the share capital divided into specified number of shares</p> Signup and view all the answers

<p>Fixed capital is the money invested in business premises, while circulating capital is the money used to acquire stock-in-trade</p> Signup and view all the answers

<p>Money borrowed by the company and secured by issuing debentures</p> Signup and view all the answers