The Department of Economic Affairs, Ministry of Finance (F 14/1/SE/85-7-5- 85) and SEBI guidelines stipulates that the
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The Department of Economic Affairs, Ministry of Finance (F 14/1/SE/85-7-5- 85) and SEBI guidelines stipulates that the underwriting commission on shares should not exceed:
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(a) 5% (c) 10% (b) 2.5% (d) 1.5%
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