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As Per the SEBI Guidelines, on Issue of Shares, the Application

Question 8

Multiple Choice

As per the SEBI guidelines, on issue of shares, the application money should not be less than

A) 2.5% of the nominal value of shares
B) 2.5% of the issue price of shares
C) 25% of the issue price of shares
D) 25% of the nominal value of shares

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