Question
ASBA is an important mechanism in the IPO process to
prevent refunding in case of unsuccessful allotment. What is the full form of ASBA?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
P and Q together started a business with initial investment in the ratio of 1:11, respectively. The time-period of investment for P and Q is in the rati...
What was the achievement of Dobereiner’s triads?
A borrowed Rs. 9000 from B for his business. How much amount A will return to B at the end of 40 months such that the sum was borrowed at simple interes...
The SHUNYA team earned the second position in the Solar Decathlon Build Challenge held in the US, it belongs to which of the Indian Institute of Technol...
Study the given arrangement carefully and answer the question that follows.
(Left) 3 ^ % 7 2 4 ÂŁ 3 ÂĄ 4 ęť @ 8 8 & 6 @ 1 (Right)
How man...
A number is decreased by 5% and then increased by 10%. What is the percent increase or decrease of the number thus obtained from the original number ?
A diver rowing at the speed of 3 km/h in still water takes double the time going 50 km upstream compared to going 50 km downstream. The speed of the div...
Match List-I with List-II and select the correct answer using the codes given below the lists:
Which one of the following statements about Trial Balance is correct?
When the annual Union Budget is not passed by the Lok Sabha,Â
