When the number of Debentures applied for is more than the number of debentures offered to public, the issue is said to be: Option 1: Under subscribed Option 2: Over subscribed Option 3: Fully subscribed Option 4: Pro-rata basis allotment

The answer is 'Over subscribed'. View full solution:

CUET Accountancy - When the number of Debentures applied for is more than the number of debentures offered to public, the issue is said to be: | PYQs + Solutions

CUET Accountancy 2022 15 July Shift 2

Company Accounts

Easy

Under subscribed

Over subscribed

Fully subscribed

Pro-rata basis allotment

✅ Correct Option: 2

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CUET Accountancy 2022 15 July Shift 2 PYQs

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