XYZ Ltd has issued 20,000 debentures at Rs.100 each. But the public have only subscribed to 16,000 debentures. This is the case of ___________.

under subscription

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over subscription

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Solution

The correct option is A
under subscription

This is the case of under subscription.

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XYZ Ltd has issued 20,000 debentures at Rs.100 each. But the public have only subscribed to 16,000 debentures. This is the case of ___________.

The correct option is A under subscription This is the case of under subscription.

The correct option is A
under subscription

This is the case of under subscription.