New Enroll in RBI Grade B New Batch - Starts on May 21

    Question

    What is Abridge

    Prospectus?
    A Summary of Prospectus Correct Answer Incorrect Answer
    B Enables an issuer to make a series of issues Correct Answer Incorrect Answer
    C Memorandum containing salient features of a prospectus Correct Answer Incorrect Answer
    D Both (a) & (c) Correct Answer Incorrect Answer

    Solution

    Companies Act Section 2(1) abridged prospectus - “abridged prospectus” means a memorandum containing such salient features of a prospectus as may be specified by the Securities and Exchange Board by making regulations in this behalf.

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