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  • Principles and Practices of Banking - 4 (JAIIB)
  • The issue of new securities to existing shareholders at a...
Multiple choice

The issue of new securities to existing shareholders at a rate to those already held is known as

  1. right issue

  2. bonus shares

  3. preference shares

  4. None of the above

  5. All of the above

Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

Amount of term deposit of Rs. 1 lakh minus the balance including interest in the overdraft limit of Rs. 0.50 lakh against this term deposit.

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