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Question Practice

What happens when applications for an exact number of debentures offered are made?

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

What happens when applications...

Single Answer MCQ
Q-00103433

What happens when applications for an exact number of debentures offered are made?

1

No refunds are necessary.

2

All applicants are given more than requested.

3

Debentures are deemed oversubscribed.

4

A portion of applications must be rejected.

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