_____ refer to the people who are roped in to buy deficit shares in case of under-subscription.

Brokers

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Government employees

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Underwriters

Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses

None of the above

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Open in App

Solution

The correct option is C
Underwriters

Underwriters refer to the people who are roped in to buy deficit shares in case of under-subscription.

Suggest Corrections

Similar questions

A rise in fiscal deficit when the government revises the salary structure of its employees leads to a rise in primary deficit as well. Comment.

A public company has 1 lakh shares for public subscription. Which of the following situation is depicted in the table shown below?

$\begin{matrix} P e r s o n & S h a r e s A p p l i e d 1 & 25 k 2 & 25 k 3 & 25 k \end{matrix}$

Q38. With reference to National Pension Scheme, which of the following is/are eligible for Joining NPS?

1. Central Government employees.

2. State Government employees.

3. Employees of private organizations.

4. Employees of unorganized sectors.

Which of the above statement(s) is/are correct?

When people have applied for more shares than what they have been offered, it is referred to as 'over-subscription'.

Join BYJU'S Learning Program