Question : When an applicant gets less share than the applied share, this situation is called-
Option 1: Premium
Option 2: Discount
Option 3: Pro rata
Option 4: None of the Above

Question

Question : When an applicant gets less share than the applied share, this situation is called-

Option 1: Premium

Option 2: Discount

Option 3: Pro rata

Option 4: None of the Above

Team Careers360 · Accepted Answer

Correct Answer: Pro rata

Solution : Shares are said to allotted on pro-rata basis when the applications are received for more shares than the number of shares issued and shares are allotted in proportion of the number of shares applied for.

Hence the correct answer is option 3.

Exams

Colleges

Predictors

Resources

Quick links

B.Tech CompanionUse Now Your one-stop Counselling package for JEE Main, JEE Advanced and BITSAT

Exams

Colleges & Courses

Predictors

Resources

Exams

Colleges

Predictors & E-Books

Resources

Engineering Preparation

Medical Preparation

Law Preparation

MBA Preparation

Exams

Colleges

Resources

Exams

Colleges

Predictors & Articles

Resources

Exams

Colleges

Predictors

Resources

NEET CompanionUse NowYour one-stop Counselling package for NEET, AIIMS and JIPMER

Exams

Colleges

Upcoming Events

Resources

Exams

Colleges

Resources

Quick Links

Top Streams

Specializations

Resources

Top Providers

Exams

Colleges

Resources

Diploma Colleges

Exams

Colleges

Resources

Exams

Resources

Top Courses & Careers

Colleges

Exams

Upcoming Events

Resources

Other Exams

Exams

Colleges

Top Countries

Resources

Exams

Top Schools

Products & Resources

NCERT Study Material

Question : When an applicant gets less share than the applied share, this situation is called-Option 1: PremiumOption 2: DiscountOption 3: Pro rataOption 4: None of the Above

Related Questions

Question : Debentures are not redeemable atOption 1: PremiumOption 2: DiscountOption 3: ParOption 4: None of the above

Question : Directions: A gets more marks than B but less than C. D gets lesser marks than E but more than A. If C gets less than D then who amongst A, B, C, D, and E gets the highest marks?Option 1: COption 2: DOption 3: EOption 4: B

Question : Inventory rises above the desired level when Option 1: Savings is more than investment Option 2: Savings is less than investment Option 3: Savings is equal to investment Option 4: None of the above

Question : Securities Premium once received cannot be cancelled.Option 1: TrueOption 2: FalseOption 3: BothOption 4: None of the above

Question : When a company is said to have made first time an offer or invited the general public to subscribe for its shares is known as:Option 1: Issue of share at premiumOption 2: Initial Fund OfferOption 3: Initial Public OfferOption 4: None of the above

Trending Articles/News

Sign In/Sign Up

Download the Careers360 App on your Android phone

B.Tech CompanionUse Now
Your one-stop Counselling package for JEE Main, JEE Advanced and BITSAT

NEET CompanionUse Now
Your one-stop Counselling package for NEET, AIIMS and JIPMER

Question : When an applicant gets less share than the applied share, this situation is called-
Option 1: Premium
Option 2: Discount
Option 3: Pro rata
Option 4: None of the Above

Question : Debentures are not redeemable at
Option 1: Premium
Option 2: Discount
Option 3: Par
Option 4: None of the above

Question : Directions: A gets more marks than B but less than C. D gets lesser marks than E but more than A. If C gets less than D then who amongst A, B, C, D, and E gets the highest marks?
Option 1: C
Option 2: D
Option 3: E
Option 4: B

Question : Inventory rises above the desired level when

Option 1: Savings is more than investment

Option 2: Savings is less than investment

Option 3: Savings is equal to investment

Option 4: None of the above

Question : Securities Premium once received cannot be cancelled.
Option 1: True
Option 2: False
Option 3: Both
Option 4: None of the above

Question : When a company is said to have made first time an offer or invited the general public to subscribe for its shares is known as:
Option 1: Issue of share at premium
Option 2: Initial Fund Offer
Option 3: Initial Public Offer
Option 4: None of the above