Select the most appropriate answer from the alternatives given below and rewrite the sentence : 

Paid up, value of all shares allotted is called ________ capital. 

Options 

uncalled 

issued 

subscribed 

nominal


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Paid up value of all shares allotted is called subscribed capital. 

Explanation: The part of the issued capital that is subscribed to and paid by the public is called subscribed capital.

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