BANKING GENERAL KNOWLEDGE
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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A limited company is____
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In which shareholders possess the ownership limited to their paid up capital
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In which shares are issued
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A company of Govt. ownership
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A registered company
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Explanation:
Detailed explanation-1: -Paid-up capital is the amount of money a company has received from shareholders in exchange for shares of stock. Paid-up capital is created when a company sells its shares on the primary market directly to investors, usually through an initial public offering (IPO).
Detailed explanation-2: -The capital raised by the issue of such shares is known as ownership capital or owner’s funds.
Detailed explanation-3: -Anyone who owns shares in a limited company is called a ‘shareholder’ or ‘member’. The number of shares held by each member determines how much of the company they own and control. They normally receive a percentage of trading profits that correlates with their percentage of ownership.
There is 1 question to complete.