Chapter: Sources of Corporate Finance· Secretarial Practice

Correct the underlined words and rewrite the sentence : Owned capital is temporary capital.

Q.1 (D) (1) Correct the underlined words and rewrite the sentence : Owned capital is temporary capital.

Doubtly Asked 29 Oct 2026 Board exam · March 2024 hsc 12th Save WhatsApp Report

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Answer: Owned capital is permanent capital.

Owned capital (share capital and retained earnings) remains with the company throughout its life; it is not repaid during the life of the company except in cases like buy-back or redemption of preference shares.

Doubtly AI · 29 Oct 2026 AI-verified · Nov 2026 Report

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Correct the underlined words and rewrite the sentence : Owned capital is temporary capital.

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