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Accountancy · 2024 · 1 mark
CBSE 2024 · Region 3 · Set 2 · Q5
Minimum subscription for allotment of shares as per Securities and Exchange Board of India (SEBI) guidelines cannot be less than 90% of which of the…
Minimum subscription for allotment of shares as per Securities and Exchange Board of India (SEBI) guidelines cannot be less than $\displaystyle 90$% of which of the following capital ?
Official answer
(D)
Issued Capital
Marking-scheme solution
(D)
-- Issued Capital
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CBSE Class 12 Accountancy past-paper question from the 2024 board exam, with the answer as CBSE’s own marking scheme gives it. Where our answers come from.