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Question

A company which desires to list its securities in a stock exchange, should offer at least _____ percent of its issued capital for public subscription.

A
sixty
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B
fourty
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C
fifty
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D
thirty
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Solution

The correct option is C sixty
A company which desires to list its securities in a stock exchange, should offer at least 60 percent of its issued capital for public subscription. Certain rules and regulations are to be followed by the company which desires to list its securities in a stock exchange. The company should abide by all the terms and conditions mentioned by the stock exchange in order to list its securities.

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