An amount payable on application shall not be less than ___________ per cent of the share or other percentage specified by SEBI.

25

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20

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5

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10

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Solution

The correct option is C $5$
The amount payable on application on every security shall not be less than five per cent. of the nominal amount of the security or such other percentage or amount, as may be specified by the Securities and Exchange Board by making regulations in this behalf.

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Similar questions

Q. Select the most appropriate answer from the alternatives given below and rewrite the sentence :

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a) 10
b) 20
c) 25
d) 5

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An amount payable on application shall not be less than ___________ per cent of the share or other percentage specified by SEBI.

The correct option is C 5The amount payable on application on every security shall not be less than five per cent. of the nominal amount of the security or such other percentage or amount, as may be specified by the Securities and Exchange Board by making regulations in this behalf.

The correct option is C $5$
The amount payable on application on every security shall not be less than five per cent. of the nominal amount of the security or such other percentage or amount, as may be specified by the Securities and Exchange Board by making regulations in this behalf.