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Commerce · Q919

Banking and Financial Institutions

Graduate and Post Graduate · Commerce · question 919

Q919

Which of the following is the main advantage of - ASBA with the applicants for share allotment?

A.
ASBA applicant has got certain preference in allotment of shares as compared to general applicants
B.
ASBA applicants need not remit the fund for allotment of shares, he/she will do after shares are allotment to him/her
C.
ASBA applicant has got secured allotment of shares
D.
ASBA applicants deposit/OD account
Answer

Answer: Option D

Solution

Answer: Option D
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