Answer-What is the full form of ASBA

Q: Answer-What is the full form of ASBA

Applications Supported by Blocked Amount ASBA is a method developed by SEBI to block the funds for Initial Public Offer IPO, Rights issue, Follow-on Public Offer FPO etc., applications. In ASBA, an IPO applicants bank account doesnt get debited until they receive the allotment of shares

Home
Questions
Finance and Management
Current Financial Awareness
What is the full form of ASBA

Question

What is the full form of ASBA

A Account started by blocked amount Correct Answer Incorrect Answer

B Account Stopped by Blocked Amount Correct Answer Incorrect Answer

C Application Supported by Blocked Amount Correct Answer Incorrect Answer

D Application Supported by Bulk Amount Correct Answer Incorrect Answer

E None of the above Correct Answer Incorrect Answer

Solution

Applications Supported by Blocked Amount (ASBA) is a method developed by SEBI to block the funds for Initial Public Offer (IPO), Rights issue, Follow-on Public Offer (FPO) etc., applications. In ASBA, an IPO applicant's bank account doesn't get debited until they receive the allotment of shares

Practice Next

More Current Financial Awareness Questions

marginal tax rate का हिन्दी पर्याय है-
‘PROBATION PERIOD’ के लिए सही हिन्दी पारिभाषिक शब्द है -
‘‘ Domicile/Residential Certificate ’ के लिए हिन्दी पारिभाषिक शब्द है
Surtax के लिए लिए सही पारिभाषिक शब्द है
दिए गए विकल्पों में से कौनसा शब्द सामान्य तौर पर का अंग्रे...
the accounts of people who do not have bank accounts are opened as per the target.
दिए गए प्रत्येक प्रश्न में एक हिंदी का वाक्य दिया गया �...
निम्नलिखित में से Crowding out effect शब्द का वित्तीय शब्दावली म...
'प्रचुर' शब्द का अंग्रेजी पर्याय क्या है?
निम्नलिखित विकल्पों में से slippage का पर्याय होगा।
...

Relevant for Exams:

PNB SO (Specialist Officer) Exam

Thank You for posting your query. Please check your email for further guidance

Please Register/Login to Download Question