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Accountancy · 2024 · 1 mark

CBSE 2024 · Region 3 · Set 1 · Q12

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 ?

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CBSE Class 12 Accountancy past-paper question from the 2024board exam, with the answer as CBSE’s own marking scheme gives it. Where our answers come from.