Discussion :: IBPS BANK EXAM TEST 6
- Which of the following is the main advantage of 'ASBA' with the applicants for share allotment?
|
A.
ASBA applicant has got secured allotment of shares |
|
B.
ASBA applicant has got certain preference in allotment of shares as compared to general applicants |
|
C.
ASBA applicant need not remit the fund for allotment of shares. he/she will do so after shares are alloted to him/her |
|
D.
ASBA Applicants deposit/OD account is not debited, only the funds are blocked for the same and he/she continues to avail interest till the shares are allotted to him/her |
|
E.
None of these |
Whatsapp
Facebook
Answer : Option D
Explanation :
ASBA Applicants deposit/OD account is not debited, only the funds are blocked for the same and he/she continues to avail interest till the shares are allotted to him/her
Be The First To Comment