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
In the question below there are three statements followed by two conclusions I and II. You have to take the three given statements to be true even if t...
Statements:
All Swabs are Handles.
Only a few Handles are Sticks.
All Sticks are Containers.
Conclusions:
I. Some Swabs are Sticks
II. No Swab is a Stick
Statements:
No Teacher is Doctor.
Only a few Doctor is Student.
No Student is Police
Conclusions:
I)Â Â No Stud...
Statements:
All oranges is apples.
Some apples is pears.
Only a few pears is watermelon.
Conclusions:
I. Some pears c...
Statements:
Mostly animals are birds
No bird is reptile
Few reptiles are amphibians.
Conclusions:
I. All amphibians b...
In the question below there are three statements followed by two conclusions I and II. You have to take the three given statements to be true even if t...
- In the question below, some statements are given followed by two conclusions I and II. You have to take the given statements to be true even if they seem t...
Statements:
Only few Figs is Cashews.
All Nuts are Figs.
Some Almonds are Nuts.
Conclusions:
I. Some Figs ...
In the question below there are three statements followed by two conclusions I and II. You have to take the three given statements to be true even if t...
Statement : Â
All balls are pencils.
All keys are balls.
Â
Conclusion:
I. At least some pencils are keys.
II. All pencils are balls.
