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Question
The issue of minimum subscription does not arise in case of ______.
Options
Oversubscription.
Undersubscription.
Shares fully subscribed.
Both Oversubscription and Shares fully subscribed.
MCQ
Fill in the Blanks
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Solution
The issue of minimum subscription does not arise in case of both oversubscription and shares fully subscribed.
Explanation:
The question of minimum subscription arises only when shares are undersubscribed. In case of oversubscription or full subscription, the required minimum subscription is automatically achieved.
shaalaa.com
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