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    Business
  3. Study Set
    Financial Accounting
  4. Exam
    Exam 15: Formation and Capital Structure of Public Companies
  5. Question
    The Minimum Application Money to Be Paid by an Applicant
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The Minimum Application Money to Be Paid by an Applicant

Question 10

Question 10

Multiple Choice

The minimum application money to be paid by an applicant must not be less than …… as per Companies Act.


A) 10%
B) 5%
C) 15%
D) 20%

Correct Answer:

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