Authorised Capital of Food Cooperation of India (FCI)

Facts for Prelims (FFP)   Source: TH  Context: The government has raised the authorised capital of FCI from ₹10,000 crore to ₹21,000 crore to bolster its operational capabilities and fulfil its mandate effectively.   What is Authorised Capital? Authorized capital, also known as nominal or registered capital, refers to the maximum amount of share capital …