{"id":52092,"date":"2024-04-15T23:34:14","date_gmt":"2024-04-15T23:34:14","guid":{"rendered":"https:\/\/exam.pscnotes.com\/mcq\/?p=52092"},"modified":"2024-04-15T23:34:14","modified_gmt":"2024-04-15T23:34:14","slug":"the-minimum-application-money-to-be-paid-as-per-sebi-shall-not-be-more-than","status":"publish","type":"post","link":"https:\/\/exam.pscnotes.com\/mcq\/the-minimum-application-money-to-be-paid-as-per-sebi-shall-not-be-more-than\/","title":{"rendered":"The minimum application money to be paid as per SEBI shall not be more than:"},"content":{"rendered":"<p>[amp_mcq option1=&#8221;15% of the issue price&#8221; option2=&#8221;20% of the issue price&#8221; option3=&#8221;25% of the issue price&#8221; option4=&#8221;30% of the issue price E. In between 15% to 20% of the issue price&#8221; correct=&#8221;option1&#8243;]<!--more--><\/p>\n<p>The correct answer is: A. 15% of the issue price.<\/p>\n<p>As per SEBI guidelines, the minimum application money to be paid for an IPO is 15% of the issue price. This is to ensure that only serious investors apply for the IPO and that the market is not flooded with applications from speculators.<\/p>\n<p>The other options are incorrect because they are higher than the minimum application money specified by SEBI.<\/p>\n<p>Option B: 20% of the issue price is incorrect because it is higher than the minimum application money specified by SEBI.<\/p>\n<p>Option C: 25% of the issue price is incorrect because it is higher than the minimum application money specified by SEBI.<\/p>\n<p>Option D: 30% of the issue price is incorrect because it is higher than the minimum application money specified by SEBI.<\/p>\n<p>Option E: In between 15% to 20% of the issue price is incorrect because it is not a specific percentage.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>[amp_mcq option1=&#8221;15% of the issue price&#8221; option2=&#8221;20% of the issue price&#8221; option3=&#8221;25% of the issue price&#8221; option4=&#8221;30% of the issue price E. In between 15% to 20% of the issue price&#8221; correct=&#8221;option1&#8243;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[85],"tags":[],"class_list":["post-52092","post","type-post","status-publish","format-standard","hentry","category-accounting","no-featured-image-padding"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.2 (Yoast SEO v23.3) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>The minimum application money to be paid as per SEBI shall not be more than:<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/exam.pscnotes.com\/mcq\/the-minimum-application-money-to-be-paid-as-per-sebi-shall-not-be-more-than\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The minimum application money to be paid as per SEBI shall not be more than:\" \/>\n<meta property=\"og:description\" content=\"[amp_mcq option1=&#8221;15% of the issue price&#8221; option2=&#8221;20% of the issue price&#8221; option3=&#8221;25% of the issue price&#8221; option4=&#8221;30% of the issue price E. 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