12th Class Accountancy Accounting For Share Capital Question Bank MCQs - Accounting for Share Capital

  • question_answer
    As per SEBI guidelines, application money should not be less than......... of the issue price of each share.

    A) 10%                 

    B) 15%

    C) 25%                

    D) 50%

    Correct Answer: C

    Solution :

    [c] 25%


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