Explanation:

- Subscribed and Fully Paid (Option 1):

- Describes shares for which the full amount has been called and paid.

- In this context, only Rs8 out of the Rs10 has been called, so it's not fully paid.

- Subscribed but not Fully Paid (Option 2):

- Applicable when calls have been made and paid, but not for the entire nominal value.

-Correct Answer: Subscribed but not fully paid

- Any of the above (Option 3):

- Incorrect, as not both options apply.

- None of the above (Option 4):