ASBA is a mechanism for subscribing to applications in Initial Public Offerings (IPOs). ASBA stands for Options: A . &nbspApplication Supported by Blocked Amount B . &nbspApplication Submitted with Blocked Amount C . &nbspAcquired Shares by Blocked Amount D . &nbspApplication Supported by Balance Amount

ASBA is a mechanism for subscribing to applications in Initial Public Offerings

Question

ASBA is a mechanism for subscribing to applications in Initial Public Offerings (IPOs). ASBA stands for

Options:

A . Application Supported by Blocked Amount

B . Application Submitted with Blocked Amount

C . Acquired Shares by Blocked Amount

D . Application Supported by Balance Amount

Answer: Option A

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