question_answer

Which of the following is the main advantage of 'ASBA' applicants for share allotment?        [IBPS Specialist Officer 2012]

A)  They have got secured allotment of shares

B)  They have got certain preference in allotment of shares as compared to general applicants

C)  They need not remit the fund for allotment of shares, they will do so after shares are allotted to them

D)  Their deposit/OD account is not debited, only the funds are blocked for the same and they continue to avail interest till the shares are allotted to them

E)  None of the above