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Financial Market Management — CBSE Class 10 board question

Q1. [1]
The draft offer Document is available on the SEBI website for public comments for a period of ________ from the filling of draft offer document with SEBI.
  1. (A) 15 days
  2. (B) 21 Days
  3. (C) 30 Days
  4. (D) 7 Days
Previously asked in CBSE board exam
2025 92 Q5 (ii)
Generated by claude-sonnet-4-6 · 2026-06-15 07:07 · grounding rag
Model Answer

(B) 21 Days

The Draft Offer Document is available on the SEBI website for public comments for a period of 21 days from the filing of the Draft Offer Document with SEBI.

Source: Chapter 3, "What does 'Draft Offer document' mean?"

Explanation

The passage clearly states: "The Draft Offer Document is available on the SEBI website for public comments for a period of 21 days from the filing of the Draft Offer Document with SEBI." Students often confuse this with the 30-day period (which is the minimum time before filing the red herring prospectus with ROC) — note these are two different timelines. Always read carefully what each time period refers to.

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