question_answer

      Consider the following statement.

(i) Paid up share capital which doesn't exceed 50 lakh rupees or such higher amount as may be prescribed which shall not be more than 5 crore rupees.

(ii) Paid up share which extends up to 50 lakh rupess or higher amount as may be prescribed which shall extends more than 5 crore.

Which of the following statements is/are correct?

A) Only I                   

B) Only II

C) Both I and II       

D)         None of the Above