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      Question

      Public offer obligations under Section 29 mandate

      companies to:
      A Offer RBI approval Correct Answer Incorrect Answer
      B Maintain foreign reserves Correct Answer Incorrect Answer
      C Use dematerialised securities Correct Answer Incorrect Answer
      D Reduce share capital Correct Answer Incorrect Answer
      E Pay dividends quarterly Correct Answer Incorrect Answer

      Solution

      All securities offered publicly must be issued and traded in dematerialised form.

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