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Question Practice

In the event of over subscription, how is the allotment typically handled?

Attempt the question, check the explanation, and continue with similar questions to build confidence before exams.

MCQ_SA
CBSE
Class 12
Accountancy
Accountancy Part - II
Issue and Redemption of Debentures
Question Bank

In the event of over subscript...

Single Answer MCQ
Q-00103429

In the event of over subscription, how is the allotment typically handled?

1

Random selection of applicants

2

Proportional allotment based on applications

3

First come, first served basis

4

All applications are honored equally

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Q4.

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