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Question

_____ means the appropriation of a certain number of shares to an applicant who has applied shares in public issued by the board of directors in consultation with stock exchange.

A
Allotment
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B
Application
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C
Acceptance
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D
Final call
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Solution

The correct option is A Allotment
Allotment of shares means the appropriation of a certain number of shares to an applicant who has applied shares in public issued by the board of directors in consultation with stock exchange.

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