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Who is authorised to decide the basis of allotment?

12. Who is authorised to decide the basis of allotment?

1. Manager
2. Banks
3. Registrar
4. Government

Answer: C) Registrar

Explanation:

"Registrar to an issue" signifies any individual carrying on the exercises comparable to an issue including gathering application structures from financial backers, tracking applications and cash got from financial backers or paying to the vender of protections, helping with deciding the premise of designation of protections, concluding the rundown of people qualified for distribution of protections and handling and dispatching assignment letters, discount requests or endorsements and other related records.