Start learning →

Reg 32(1)(c): what share of the QIB portion is set aside for mutual funds?

A5 per cent
B15 per cent
C2 per cent
D10 per cent
Answer & Solution
Correct answer: A. 5 per cent
Five per cent of the QIB category is allocated to mutual funds, who may also compete for the balance.
Practise this question with Quill — CA Final →

Keep practising Public Issue and Capital Raising Rules

Browse all Public Issue and Capital Raising Rules questions for CA Final, or explore more Law topics.

Start a Public Issue and Capital Raising Rules lesson →
Related questions