Question : Which of the following statement is correct? Statement 1: Under offer for sale the company issues a prospectus and invite the general public to purchase shares or debentures. Statement 2: Under private placement the company sells security to the institutional investors or brokers instead of selling them to general public.
Option 1: Both are true
Option 2: Both are false
Option 3: Statement 1 is true and statement 2 is false.
Option 4: Statement 1 is false and statement 2 is true.
Correct Answer: Statement 1 is false and statement 2 is true.
Solution : Under public issue the company issues a prospectus and invite the general public to purchase shares or debentures. Under offer for sale firstly the new securities are referred to an intermediary. They further the resale the same to the general public. Under private placement the company cell security student investors or brokers instead of selling them to the general public.
Hence, option D is correct.
Question : Which of the following statement is correct? Statement 1: If the number of buyers is large then it is better to take the services of middleman for the distribution of the goods. Statement 2: Buyers can be of two types general buyers and industrial buyers.
Question : Choose which of the following statements is true?
Question : Assertion (A): Money as a medium of exchange, has overcome the problem of lack of double coincidence under the C-C economy.
Reason (R): Currency has a general acceptance which makes it convenient to use and has segregated buying and selling activities.
Question : _______________ causes the general price level to rise (also known as inflation) in the economy.
Question : Assertion (A): Literacy is a part of education, which is a more general idea. Reason (R): If a person can read and write in any language, they are said to be literate. A person is considered educated if he or she can work and make a living.
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