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

Question

TuteeHUB · Accepted Answer

Application Submitted with Blocked Amount

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Application Supported by Blocked Amount

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Acquired Shares by Blocked Amount

TuteeHUB · Answer

Application Supported by Balance Amount

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

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