Complete the following sentence.

1) When the face value of the share is ₹ 100 and the issued price is ₹ 120, then it is said that the shares are issued at ……………………..
Ans:- When the face value of the share is ₹ 100 and the issued price is ₹ 120, then it is said that the shares are issued at premium

2) …………. Capital is the Capital which a company is authorised to issue by its Memorandum of Association.
Ans:- Authorised Capital is the Capital which a company is authorised to issue by its Memorandum of Association

3) The difference between Called-up Capital and Paid-up Capital is known as …………….
Ans:- The difference between Called-up Capital and Paid-up Capital is known as Calls-in-Arrears.

4) …………..shareholders get fixed rate of dividend.
Ans:- Preference shareholders get fixed rate of dividend.

5) ……….shareholders are the real owners of the company.
Ans:- Equity shareholders are the real owners of the company.

6)………….. form of business organisation in which Capital is raised through the issue of shares
Ans:- Joint-stock company form of business organisation in which Capital is raised through the issue of shares

7) …………….. is the part of issued capital which is subscribed by the public.
Ans:-Subscribed Capital is the part of issued capital which is subscribed by the public.

8) The part of Authorised Capital which is not issued to the public is known as………………Capita
ans:-  The part of Authorised Capital which is not issued to the public is known as Unissued Capita