ASBA is a mechanism for subscribing to applications in Initial Public Offerings (IPOs). ASBA stands for

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pplication Submitted with Blocked Amount

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pplication Supported by Blocked Amount

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cquired Shares by Blocked Amount

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pplication Supported by Balance Amount

1.	ASBA is a mechanism for subscribing to applications in Initial Public Offerings (IPOs). ASBA stands for
A.	pplication Supported by Blocked Amount
B.	pplication Submitted with Blocked Amount
C.	cquired Shares by Blocked Amount
D.	pplication Supported by Balance Amount
Answer» B. pplication Submitted with Blocked Amount

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