Multiple Choice Questions on As per SEBI Guidelines Application money should not be less than hellip hellip hellip hellip hellip ........... for UPSC EPFO Exam Preparation

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Multiple Choice Questions

As per SEBI Guidelines Application money should not be less than hellip hellip hellip hellip hellip ...........

General Accounting Principles Accounting for Shares
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    As per SEBI Guidelines, Application money should not be less than ……………. of the issue price of each share.

    10%

    Incorrect Answer

    15%

    Incorrect Answer

    25%

    Correct Answer

    50%

    Incorrect Answer
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    Explanation:

    The minimum application moneys to be paid by an applicant along with the application money shall not be less than 25% of the issue price.

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