IPO Quiz 4 : How Well Do You Know UPI IPO Process?

Welcome to your IPO Quiz 4 : How Well Do You Know UPI IPO Process?

Do you think you know everything about IPOs and investing through UPI? Take this quick quiz to test your knowledge and learn key facts about the IPO application process, security features, and best practices. Choose the correct answers and see how well you score! 🎯📈

Name Email

1. What is the primary advantage of applying for an IPO using UPI?

It guarantees share allotment

It eliminates the need for a Demat account

It allows seamless and quick payment processing

It provides higher chances of profit

2. What does ASBA stand for in the IPO application process?

Automated Securities Banking Application

Application Supported by Blocked Amount

Asset Securities Banking Approval

Allotment System for Bank Applications

3. What is required before applying for an IPO using UPI?

A trading account with SEBI registration

A bank account linked to a UPI ID

A Demat account with at least ₹1 lakh balance

A PAN card registered with SEBI

4. What happens if an IPO applicant does not approve the UPI mandate before the IPO closes?

The application is automatically considered at the highest price band

The application is rejected as the payment is not blocked

The funds are debited but refunded later

The application is accepted, but allotment depends on demand

5. Where can investors check the status of their IPO application?

SEBI’s website

UPI app’s transaction history

Registrar’s website like Link Intime or KFintech

RBI’s official website

6. What is the maximum UPI transaction limit for IPO applications as per SEBI’s recent update?

₹1 lakh

₹2 lakh

₹3 lakh

₹5 lakh

7. Why might an investor’s IPO application be rejected due to a UPI error?

Incorrect UPI ID entered

Insufficient funds in the bank account

All of the above

8. What should an investor do if the blocked amount is not released after non-allotment?

File a complaint with SEBI

Contact the bank to check the status

Apply again for the same IPO

Wait for the next IPO refund cycle

9. If an investor does not receive an IPO allotment, what happens to the blocked amount?

It remains blocked for future IPO applications

It is unblocked and is made available in the investor’s Bank account

It is deducted as an application fee

It is converted into brokerage credit

10. What security feature does UPI offer during IPO payments?

One-time password (OTP) for UPI transactions

Two-factor authentication and encryption

Physical verification of documents

Face recognition for all UPI payments

Congratulations! You've completed the IPO Quiz! 🎉

Thank you for participating! Understanding how to apply for IPOs through UPI, the security features, and common issues can help you make smoother and more informed investment decisions. Keep learning and stay ahead of the curve!

Feel free to share this quiz with friends and colleagues to help them strengthen their IPO knowledge. Try again for a better score or explore more quizzes on financial markets! 📊

Leave a Reply Cancel reply