Sports GK Questions and Answers 2024 (Latest Updated)

Awards & Honours GK Questions 2024 (Latest Updated)

Question

Which of the following is the main advantage of ‘ASBA’ Applicants for share allotment?

A Their deposit/OD account is not debited, only the funds are blocked for the same and they continue to avail interest till the shares are allotted to them
B They need remit the fund for allotment of shares, they will do so after shares are allotted to them
C They have got certain preference in allotment of shares as compared to general applicants
D All of the above
E None of the above

Answer & Explanation

Answer: Option [A]

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