ASBA is a mechanism for subscribing to applications in Initial Public Offerings (IPOs). ASBA stands for
A. Application Supported by Blocked Amount
B. Application Submitted with Blocked Amount
C. Acquired Shares by Blocked Amount
D. Application Supported by Balance Amount
Answer: Option A
Related Questions on Banking Awareness miscellaneous
A. Bombay Stock Exchange
B. Delhi Stock Exchange
C. Calcutta Stock Exchange
D. Bangalore Stock Exchange
Which of the following is not a function of General Insurance?
A. Cattle Insurance
B. Crop Insurance
C. Fire Insurance
D. Medical Insurance
Liability- side of the balance-sheet comprises:
A. Capital and reserve
B. Long-term liabilities
C. Current liabilities
D. All of the above
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