SSC Sample Paper SSC (Group-C) Sample Test Paper-2

  • question_answer
    ASBA scheme is related to:

    A)  Initial Public Offer  

    B)  Central Government Scheme for Women Empowerment

    C)  A scheme in commodities market

    D)  Pension Scheme of Government of India

    Correct Answer: A

    Solution :

     Application Supported by Blocked Amount (ASBA) refers to an application mechanism for subscribing to initial public offers (IPO). It ensures that the applicant's money remains in his/her bank account till the shares are allotted.


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