According to Section 16 of Banking Companies Ordinance 1962-00764
According to Section 16 of Banking Companies Ordinance, 1962, which of the following is the MAXIMUM commission, brokerage, discount or remuneration paid by banking company on issue of share capital?
This multiple choice question (MCQ) is related to the book/course vu bnk601 Banking Laws & Practices. It can also be found in vu bnk601 Lecture No.12 - Quiz No.1.
According to Section 16 of Banking Companies Ordinance, 1962, which of the following is the MAXIMUM commission, brokerage, discount or remuneration paid by banking company on issue of share capital?
2% of the paid up value of the issued shares
2.5% of the paid up value of the issued shares
3% of the paid up value of the issued shares
3.5% of the paid up value of the issued shares