Concept:Called-up capital is the portion of issued shares that the company has formally requested shareholders to pay.
Explanation:A company may issue shares but not demand the full value immediately.
The maximum value of shares a company can issue is called authorized capital.
The part actually offered to shareholders is the issued capital.
When the company asks shareholders to pay a part or all of the value of their shares, that demanded amount is the called-up capital.
Paid-up capital is the portion of called-up capital that shareholders have already paid.
Unpaid capital is the portion that remains unpaid even after being called.
So, the share capital that the company has asked shareholders to pay is called-up capital.
Answer:A. called-up capital